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Look at the economics that a16z needs with fund sizes in the billions. Funding small companies won't do it for them unless they invest in a lot, probably more
by x0x0 4y ago
Look at the economics that a16z needs with fund sizes in the billions. Funding small companies won't do it for them unless they invest in a lot, probably more than they can manage duedil or spend time on; they need investments who can deploy a lot of cash. With, obviously, some chance of success.
Hopefully for their LPs Adam learned some lessons.