We are proud to announce 8VC Fund VI, with $998 million in new LP capital to back the most fearless and ambitious builders.
The world is broken. Let's fix it.
To the frontier!
launching @speedrun was probably one of the smartest things that @a16z could do. they already own the growth stage market for VC. now for pennies on the dollar they can procreate more companies that they meaningfully back later.
its honestly funny. like every past decision he looked like an idiot buying and then the decision massively transformed the company. who knows where $META would be without @WhatsApp or @instagram.
i do think that the model space is becoming more crowded tho. the biggest worry is not how they're gonna compete with @AnthropicAI or @OpenAI, but open source models from China.
@danielisdizzy I think you're missing how serious the suit is. Yes, the price is cheap. Yes, the suit seems kinda baseless. But if they get hit with these fines its gonna screw their balance sheet. This comes on top of the scrutiny from capex.