Andreessen's true colours have often flared up. I noticed it when India banned Facebook's Free Basics scheme. He had needlessly, without provocation, lashed out like a child who was denied an ice-cream cone. I will never forget his now-deleted tweet:
> Anti-colonialism has been economically catastrophic for the Indian people for decades. Why stop now?
If you read "Careless People" you'll notice that Andreesseen was prioritizing cash over morals for a long time, and his Facebook investment/involvement was also producing highly unethical things
> Once you have infinite money, you tend to want infinite power next
People who get to what seems like infinite money only do so because they were seeking money as a means to power for which they have an insatiable desire in the first place, its not that getting to (even practically) infinite money triggers the desire for unlimited power, its that it is a symptom of it.
I don't disagree, but lighting money on fire hyping NFTs and whatever other random fad strikes them as interesting doesn't seem to be the way to accomplish that.
My actual guess is that they got way too big, both in terms of headcount and fund size, to limit their investments to what is expected to be the best of the best in terms of financial return and societal impact.
They used to be at the pinnacle of the VC sector, and now they seem to actively seek out the most toxic portcos possible.