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Andreessen's posts are strongly biased towards what is beneficial for his position. I have read a lot of his posts since 2008 and before. They are intelligent
by blackoil 5y ago
Andreessen's posts are strongly biased towards what is beneficial for his position.
I have read a lot of his posts since 2008 and before. They are intelligent and insightful, but in hindsight lot of them were not best advice for founders/readers but best for the VC.
- admissionsguy 5y agoSame goes for pg. And most other people, I suppose. It’s hard to forgo self-interest.
- Fordec 5y agoOne's measure of these VCs changes quite distinctly when you change from viewing them through the prism of leaders of the industry to viewing them as self-interested marketeers acting as gatekeepers of a subset of wealth with the express purpose of their working role as the endeavor of inflating their own wealth. They haven't gone hungry in quite some time, and it's really been showing more and more as time goes on and their memories of when they started out are fading.
- klik99 5y agoThe same is true for any VC blog, it’s marketing - to both investors and founders. But you can be both biased and insightful! I found this essay very inspirational, we truly are living during exceptional times If you don’t take into account bias and agendas when you read anything, you probably won’t be a great founder.
- wangii 5y agoindeed. I feel it's a lot more difficult to agree with the `SV elites` (az, pg, etc.) recently, wondering if I'm too old or they live in their own rdf.
- Swizec 5y agoThe world looks different from a throne. There was a great comment on reddit once that calculated a $50,000 car costs about the same to Jay-Z as a tank of gas does to a median person. That’s a huge difference in perspective. Someone like az, pg, etc probably sees higher daily variations in their stock portfolio than my annual salary. Imagine what life is like when $200k rounds down to “daily noise”? For me, after lots of saving, those fluctuations are in the $300 range and even that changed my perspective and way of thinking. Very different feel than when I was starting out and having $300 felt like unimaginable wealth. For comparison, a $500 unexpected expense would bankrupt 41% of americans.
- Infinitesimus 5y agoFor anyone looking for the original comment about Jay-Z's wealth: https://reddit.com/r/theydidthemath/comments/2r8xoj/request_what_is_50_grand_to_a_motherfucka_like/ https://reddit.com/r/theydidthemath/comments/2r8xoj/request_... It probably costs even less now given how much his wealth has grown
- shoto_io 5y agoOf course. That’s because they’re a VC! In fact the first large VC who realized that having an own media outlet would benefit their startups immensely. https://fortune.com/2021/01/20/tech-and-crypto-funder-andreessen-horowitz-wants-to-replace-the-media-that-might-be-bad-news-for-investors/ https://fortune.com/2021/01/20/tech-and-crypto-funder-andree...