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> are there any sources you could share on that

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].

[1] https://www.wsj.com/articles/andreessen-horowitzs-returns-tr...

[2] https://techcrunch.com/2018/06/25/andreessen-horowitz-has-a-...

[3] https://www.thestreet.com/investing/cryptocurrency/andreesen...

[4] https://www.theinformation.com/briefings/a16zs-first-crypto-...

[4] https://www.wsj.com/articles/andreessen-horowitz-went-all-in...




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