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Andreessen Horowitz Part II
Acquired
What's the Best Case Scenario for a Crypto Fund?
If you just look at those companies and think about distributing pretty early, like assuming that they didn't hold octa all the way until it is worth 33 billion dollars, these companies probably generated about 25 billion in returns. So an interesting thing to then look at that divided by the a u m, the funds that they come from, just to say what's like the worst case scenario for their multiple so that's assuming no more value from anything else, which is simply not true.
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