A16z posts 40% loss in 1H 2022

according to multiple sources this evening. About a one minute read.

Comment: wow, Andreessen Horowitz rarely gets things wrong, so I’d give them some latitude. Excellent record in VC. They’re making the big bets, so I’m unrealised losses are part of the game. Best quote from the article: “Crypto is about the political and governing structure of the internet. We have a very long-term horizon.” VERY long term. Nice.