Clubhouse valuation doesn’t affect you. For A16Z, $10m is a rounding error if it doesn’t work; firm/reputation defining if it does. I’m excited that: - There’s innovation in consumer apps - The founders have access to funds to go big, if they want Great for tech & free markets
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Replying to @amittm
I'm a fan of the idea and app! Just surprised to see secondaries at month 2.
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Replying to @michelletandler @amittm
What is the biggest concern/question about this secondary?
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First 10 hires might not feel aligned with founders who have safety net?
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Replying to @Maidenberg @albertlee and
I don’t get that. Often business owners are much richer than their workers. I don’t think that should cause a riff here. They started and own a business. Of course they might have a better safety net.
11:09 AM - 17 May 2020
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