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I suspect the OP might be alluding to the fact that a16z is basically a content machine, that happens to also invest. Their content (or more charitably: their h
by glenngillen 4y ago
I suspect the OP might be alluding to the fact that a16z is basically a content machine, that happens to also invest. Their content (or more charitably: their highly visible external communication) is a large part of what launched them onto the scene so quickly and had them in consideration as a top tier firm despite having no track record as a fund (GPs reputation as founders notwithstanding)
- JumpCrisscross 4y ago> content (or more charitably: their highly visible external communication) is a large part of what launched them onto the scene so quickly and had them in consideration as a top tier firm The VC predates the blog. It used to be a serious name, being an early backer of Twitter and Y Combinator. It started to go dogshit about ten years ago and criminal after 2019. They remain a fundraising powerhouse. Though the market seems to be noticing their flagging performance, with secondary funds trading at strong double-digit discounts to NAV.
- glenngillen 4y ago> It started to go dogshit about ten years ago They've only been around 13 years.
- eropple 4y agoI don't think he stuttered.
- MichaelZuo 4y agoIt's a bit unfair to say they peaked 10 years ago... At least they don't superficially appear to be any less competent.