Every time I read about this company I get a feeling everyone involved is completely insane
a16z didn't make its reputation handing buckets of cash to dolts.
Also, while they are making a lot of mistakes, they are getting a few key things very right as a startup: 1. building a strong culture and brand 2. dominating a niche before expanding out to other verticals (Geoffrey Moore's bowling ally theory).
It's important to focus on building a positive culture and brand.
When they come across poorly it reflects on YC.