Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Also - using soylent, oculus and crypto to paint Andreesen as a bad investor (0 for 3 as he says) is a weird take. Come on - do better if your going to try and take my time.

I agree, I stopped reading after this.

However Andreessens habit of pumping and dumping shitcoins to retail investors would need closer scrutinity.



I mean the A16z heavy bet on crypto is suss.


I agree with you. However, even as a long-time cryptocurrency-skeptic due to ethical concerns I won't go into here, I can't deny that Marc won in spades with his investments in places like Coinbase, and to some extent XRP/Ripple. As much as I hate to admit it, the cryptocurrency stuff did pay off for him and A16Z in the long run.

Capitalism and ethics sometimes come into conflict with each other, and Marc is certainly an unscrupulous capitalist. Be that as it may, I try not to lose sleep over what Marc does, because doing so would be a waste of my time.




Consider applying for YC's Winter 2027 batch! Applications are open till November 2.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: