A decade ago a16z was new (less than four years old, founded in 2009) and had no track record. Today, they are in almost every major tech company in every categ

A decade ago a16z was new (less than four years old, founded in 2009) and had no track record. Today, they are in almost every major tech company in every category, and continue to win seemingly every competitive deal. There's no vantage point from which they seem to be losing. Take "web3". Consider the fact that a16z never invested in FTX, Terra, BlockFi — the largest crypto failures/scams, that their competitors invested in. Yet they led Uniswap, Optimism, Matter Labs, and OpenSea which have proven to be some of the most interesting and powerful projects in the space. If you get all of your news from Hacker News you're going to get a distorted view of reality.