Ha yes, the extraordinarily complex science of early-stage investing, where you need to a) look at startup pitches, b) decide if you give them money. How could the Chinese have possibly cracked that code without American help? 🤦 After IP theft, this "we taught the Chinese everything" is the new coping mechanism to reconcile China's rise and American exceptionalism - "we didn't lose, we were just super generous and gave it all away." Because we all know that American capitalists are famously all about selflessness and altruism...
a16z
a16z16.7.2025
The biggest scandal is that top Silicon Valley VC firms went to China and “taught them how to do early stage investing.” Venture capital is American Dynamism. “It is the thing that allows America to be dominant in the global economy.” And we just gave it away. “VCs went over there and shared information, shared limited partners, shared all of the aspects and the functions of how you build an incredible legacy defining venture firm.” Twenty years later, China has a full-stack tech ecosystem aligned with the CCP. The real scandal is not just Apple but Silicon Valley itself. @KTmBoyle
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