Executive Summary
A16Z's $1 billion growth fund has become their best-performing fund in firm history, with Databricks returning 7X and Coinbase 5X to the fund alone. David George reveals that 47% of value creation happens between Series A-B, while 53% occurs Series C+, fundamentally reshaping where returns get captured in an extended private market cycle. The firm has adapted by seeking companies with 'strength of strengths' rather than avoiding weaknesses, explicitly rejecting the fear of theoretical competitio...
Key Investment Opportunity
Established Enterprise Software Leaders with AI Integration
Public companies like Salesforce, ServiceNow, and CrowdStrike represent the proven winners from the previous tech wave, now trading at scale with AI integration opportunities
This is a preview. Log in to see the full analysis including investment opportunities, risks, catalysts, and detailed insights.