Does that mean that recipients can legitimately tell the press and other investors that a16z is one of their investors?

Assuming that the recipient can keep a straight face?

EDIT: Perhaps having a16z as the only VC in your seed is a very bad idea. Chris Dixon (now a partner at a16z) cautions enterpreneurs against the risks of having a sole VC in your seed round:

http://cdixon.org/2012/04/02/revisited-big-vcs-investing-in-...

"I can think of about 15 founders I’ve spoken to recently who tried or are trying to raise Series As but are seriously hampered by the fact that a big VC invested in the seed round but isn’t participating in the Series A."

Excellent. Not too long ago I asked a partner at a very well known VC firm if they would consider investing a small amount ($x00) in many "startups" to see if the founders would use the money effectively and follow up with a more serious investment if so. He looked at me as though I was asking sarcastically rather than sincerely.

I'm confident that these six new Pinboard/Ptacek/A16Z companies will have excellent return on investment.

Humor aside, there are many smart founders but being brilliant and being money-minded are orthogonal.

I wonder how much having any amount from a top-tier investor like a16z is worth (since you don't need to reveal the amount, at least initially, and once they're already talking to you...). Presumably that $50 is worth more like $5-10k, unless someone reads this thread.

Yuri Milner will match with his usual $150K... because that how they print them US money in Russia

I guess people didn't get the joke! Atleast it should have ended here.

Heck, I will wager $37 that submitting your startup idea to HN will get you more exposure than posting on Pinboard's blog.

Shit just got real.

I'll match the $50 in development services from AbtainLabs.com as long as Ruby on Rails is used. Small sites could actually host on Heroku for free.