Wouldn’t ordinarily rise to the level of commenting. But it’s an Andreessen post, and so I’m perhaps primed for the purpose being promotion versus informing.
Wouldn’t ordinarily rise to the level of commenting. But it’s an Andreessen post, and so I’m perhaps primed for the purpose being promotion versus informing.
i.e.:
A i.e. B
———————-
B
(yes yes!)(It's also my plea to mathematicians/academics: please, give us more examples before you hit us with your formula-heavy artillery).
I've seen this described as a pyramid. The first group wants to see the precipice first and work their way down to the foundation. The second group doesn't want to look at any stone before understanding what it's resting on.
Is there another Andreessen Horowitz that I don't know about? Because otherwise a $35B fund that invests in tech startups is very far from that description.
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.
They've only been around 13 years.