If people are concerned about a16z they should be more concerned about Softbank.
Softbank followed the same strategy except they are in serious debt. I think at some point they could be forced into liquidation and it will drive the second leg down for the tech market.
I disagree. SoftBank isn’t raising new funds. It doesn’t have a functioning mouthpiece [1]. Andreessen is still taken seriously as an investor and thought leader, despite its abysmal record.
I don't know what there is to disagree with. Softbank did exactly what the tweets say a16z did/is doing, except 5 years ago. Except Softbank is 10x larger in size. They have already suffered a huge loss, except they are dripping in debt, and there's still plenty more for Softbank to fall. 5 years ago Softbank was considered a Tier 1 company as well. They are now what the tweets believe a16z will become in a few years. The final stage will be liquidation of their positions to pay off debt, which will critically injure Silicon Valley for years.
I agree. But still unable to get why tech/media is so craven when it comes to Andreessen. Since we get to see many other tech big shots, CEOs are frequent receivers of media lashing.
I saw a few reteweeted Andreessen tweets over last week and I hope he's just joking around because he genuinely sounded like a lunatic if he was being sincere.
Softbank followed the same strategy except they are in serious debt. I think at some point they could be forced into liquidation and it will drive the second leg down for the tech market.