Just curious, are there any sources you could share on that? Or is this the kind of intel you need to be in the really, really in-crowd for in order to know what's really going on?
[Edit]: Can't reply that deep in the thread, but thanks for the insight!
a16z started lagging in 2016 [1]. That led to the crypto fund in 2018 [2] and registering as an investment adviser in 2019 [3]. The '18 crypto fund did well [4], so they quadrupled down on the crack pipe and returned to form [5].
[Edit]: Can't reply that deep in the thread, but thanks for the insight!