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VCs job is also to maintain a reputation for good investments. Now, founders will rationally devalue investments from a16z lest they be associated with such uns
by rileyphone 4y ago
VCs job is also to maintain a reputation for good investments. Now, founders will rationally devalue investments from a16z lest they be associated with such unsavory company, even if they aren’t crypto-related. Especially if these kinds of party rumors keep going around.
- dvt 4y ago> Now, founders will rationally devalue investments from a16z No, they won't. Non-profits were gladly taking donations from Pablo Escobar, and you're telling me startups are going to say "no" to early funding rounds because a16z is too "unsavory."