Well, sounds like a VC but without a good bit of the stress and hassle. Like you wouldnt have to gin up money from LPs
Instead with this strategy you get a whopping 5% of profits and Andreessen gets 95% for your efforts / network.
Why not just be an actual angel? Presumably the author has the capital for it now. And if they’re confident enough to risk someone else’s capital why not risk their own?