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Andreessen Horowitz Part II
Acquired
Investing Series A
Andres and horowitz was just slightly out of step with the growth of the rest of venture ecosystem. They took advantage of these, like, arbitrageable moments where they realized, wait a minute. There's actually less risk in series a than there used to be. So therefore, we should invest it series a cause we kanda get paid too much in equity for the risk that we're taking. Or, more appropriately, other people are paid too much in Equity for the risk of their taking, so we can price higher.
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