> But a16z is typically known for breaking out the checkbook for follow-on funding the instant their investments are showing signs of success. What happened her

> But a16z is typically known for breaking out the checkbook for follow-on funding the instant their investments are showing signs of success. What happened here? I think the problem becomes that because VC is such an insular environment, no VC firm wants to be caught talking about how portfolio company isn't successful. As a result, they'll politely decline to lead follow-on rounds, but still allowing the startup to tout the investment from top tier VC firm as social proof for the next round.