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i can't take a16z seriously ever since they were a major driver of all the pump & dump crypto crap, publishing a grandiose manifesto doesn't really help with th
by malthaus 3y ago
i can't take a16z seriously ever since they were a major driver of all the pump & dump crypto crap, publishing a grandiose manifesto doesn't really help with the perception of being bullshit merchants.
stop listening to people just because they have money, it's not a measure for greatness and definitely not as reason to give them any credibility outside of their expertise.
- tim333 3y agoI was thinking that, especially having just read the book Number Go Up. Andreessen's firm put a bunch of money into the Axie Infinity play to earn ponzi which ended up taking money from thousands of hard up Filipinos and then the company was then hacked by N Korea with the money likely ending up in some weapons program. I'm a techno optimist and a believer in markets but regulated markets where the worst effects are mitigated. (some from the Number Go Up author on Axie https://youtu.be/THdU00jutvo?t=1864 https://youtu.be/THdU00jutvo?t=1864)