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a16z and Sequoia deserve their losses. They both went all-in on this crypto bullshit in their latest funds and convinced otherwise healthy companies to pivot i

by jpgvm 4y ago

a16z and Sequoia deserve their losses. They both went all-in on this crypto bullshit in their latest funds and convinced otherwise healthy companies to pivot into it also. Their returns for these latest funds will be decimated and I couldn't be happier.

misiti3780 4y ago
a16z didnt invest in FTX did it ? ( i agree with your thesis nonetheless)
- jpgvm 4y ago
  I don't think so no, but they were the other VC that all-in'd on crypto.
  - misiti3780 4y ago
    for sure, chris dixon blocks anyone on twitter than doesnt cheerlead web3
srj 4y ago
They will probably be the only ones who get some of their money back.