The Best a16z Fund Ever was $1BN: Large Funds Does Not Mean Lower Performance: @DavidGeorge83
"Our best performing fund ever was a $1BN Fund.
In that fund:
Databricks returned 7x the fund.
Coinbase returned 5x the fund.
We also have Github, Digital Ocean and Lyft in that fund.
So the idea that large funds can't have great returns, it's just not true".
When you look at your best performing fund @honam@infoarbitrage@chadbyers@Alfred_Lin what are the takeaways or lessons?
16 years ago today you could buy 1,309 BTC for $1.
This is the first recorded dollar valuation of Bitcoin, calculated by electricity cost to mine Bitcoin at the time.
The people crazy enough to think they can change the world are the ones who do.
16 years ago today you could buy 1,309 BTC for $1.
This is the first recorded dollar valuation of Bitcoin, calculated by electricity cost to mine Bitcoin at the time.
The people crazy enough to think they can change the world are the ones who do.
“How do you convince the upcoming generations that education is the key to success when we are surrounded by poor graduates and rich criminals?”
-- Robert Mugabe.