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Does this inherently tie A16z to try and destabilize or cast shade at traditional financial markets for the gains of their own funds? There is an inherent conf
by boringg 5y ago
Does this inherently tie A16z to try and destabilize or cast shade at traditional financial markets for the gains of their own funds?
There is an inherent conflict in that they provide returns to their LPs in USD $ while underwriting crypto service companies which partially/wholly rely on the value of crypto to increase over time to increase adoption of services.
The other argument is that it isn't a zero sum game and that both can succeed - however I don't buy that in the long run unless crypto et al. remains an alternative to finance companies. Maybe they split market share and A16z is just diversifying its portfolio of exposure.