WHAT IS VENTURE CAPITAL NOW ANYWAY?

Summary from the TLDR newsletter

Benchmark Capital started small and aimed to stay small. Andreessen Horowitz (a16z) set up shop to do the opposite - raise more money, do more deals, make more noise, and flash more attitude. Over the years, a16z's assets have grown to $44 billion. The gaps between the two firms highlights the divergence in the venture capital industry. This article looks at how the two firms have performed over the years and the implications for the venture capital industry.