Early stages of disruption are often chaotic, web3 is no exception

In this timely podcast, Kara Swisher interviews Chris Dixon, a general partner at Andreessen Horowitz, and arguably the lead crypto investor there. Chris and his team have directed billions into blockchain and Web3 investments of all kinds. He’s sticking to his guns, in my opinion, with good reason … but, as he was clear with his LPs up front … this was going to be a wild ride.

We have the same kind of LPs as we have in our main fund, and they have a 12-year-plus horizon. And we tell them, look … this is just a different thing. It’s going to be riskier. There’s going to be bad headlines. But I really believe in it. I’m going to devote my career to it, but you should opt in only if you want to.


Often, the more contentious is the investment thesis, the greater are the returns. Worth a listen.