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While it's true that VC industry as a whole underperforms, the top firms, including a16z perform quite well. VC industry consists of lots of dumb firms. So, y
by vasilipupkin 11y ago
While it's true that VC industry as a whole underperforms, the top firms, including a16z perform quite well. VC industry consists of lots of dumb firms. So, your arguments are somewhat misplaced.
- graycat 11y agoSolid details on the financial performance of individual VC firms is difficult to get in public. Maybe A16Z is doing well, at least in comparison, maybe like a WWII piston powered fighter plane instead of a horse but still not an SR-71. It remains: Nearly all the US high end IT is for US national security with only meager connection with Silicon Valley VC. Telling point: Nearly no Silicon Valley VC has the background to be a problem sponsor or project reviewer for NSF, NIH, or DARPA.