It's interesting to read Chris Dixon on Hackernews. In the Bitcoin world, he and a16z are regarded as so toxic that another investor was recently cancelled for

It's interesting to read Chris Dixon on Hackernews. In the Bitcoin world, he and a16z are regarded as so toxic that another investor was recently cancelled for just co-investing with them. After Filecoin, ICP, BitClout, Basis, ... and so many other scams that blew up, how can you take anything they say seriously? One example: Chris wrote blog posts for[0] and promoted the "Internet Computer" project everywhere. It launched at >$400, insiders sold, and then it quickly collapsed to under $50 and is now at $5.[1] This was promoted by Chris and other investors, bought by retail (ie, normal people) who thought they were getting in on the ground floor of a big new exciting technology, and then lost almost their whole investment. Web3/crypto should not be about billionaires making money by pumping and dumping useless tokens on retail investors. [0] https://a16z.com/2018/08/29/dfinity/ https://a16z.com/2018/08/29/dfinity/ [1] https://www.coingecko.com/en/coins/internet-computer https://www.coingecko.com/en/coins/internet-computer