Marc Andreessen: The Biggest Gap I’ve Seen in My Career

We're announcing today that we're expanding the ACC crypto fund to A16Z frontier. This is the biggest delta between what the early adopters understand as possible. Now that gap is as wide as I've ever seen in my career. >> More than categories, more than products, we invest in entrepreneurs and so many of the most interesting

entrepreneurs are outer planet. Startup formation is going to skyrocket from here. >> By the way, it already is. We used to ask the question, is this idea too ambitious? We're much more likely to ask is this ambitious enough because what's possible is so spectacular. >> Had I had astronaut at Netscape in 1994

like oh my god Ben like what would you and I have been able to do at Netscape? >> We would have built the whole damn internet. >> You were 18 today how would you think about what you might [music] study stealing marks line but I think there's one thing to do which is study.

>> Chris we have a big announcement today. >> Uh we're expanding the mandate. Uh I'll let you do the honors. >> Yeah. So, uh, yeah, we're announcing today that we're expanding the ACC crypto fund to A16Z Frontier. Um, the, um, the idea is, I say a couple of kind of motivations behind this. Um, one is,

you know, crypto, um, has in some areas worked really well. Um, stable coins have become kind of a normal part of the tech landscape used by companies like Stripe and sort of almost, you know, every fintech company now kind of consider considers it part of their toolbox. um Wall Street firms are moving heavily

into crypto uh with tokenized stocks and other kinds of assets. It's a growing fast growing category. Um but as a result, the lines have kind of blurred um which you know we find ourselves asking is Stripe a crypto company? Is you know somebody uh many of these companies where they're sort of sitting