bullish
Why Would A16z Launch a $4.5B Investment Fund Now?
SUMMARY
- We believe in certain inalienable truths from this industry that seem independent from any economic cycle
Crypto is highly efficient. Protocols running on distributed networks achieve things that would otherwise require massive investments in hardware and software services and teams.
Crypto is also one of the most attractive destinations for high-quality, high-drive talent. In the last years, the inflow of capital from VCs has made Web3 compete head to head with Web2
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