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Open original source ↗They are all awesome partners and this will be the playbook following Apollo/Blackstone/Carlyle/KKR/TPG
with GA, GC, a16z, perhaps Lightspeed, perhaps Insight and others $100B+ diversified across thematic funds, international/regional strategies, wealth mgmt going IPO https://t.co/Dq6FtZIvDg
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a16z, GA, GC publicly traded diversified venture/growth/asset mgmt asset managers Large platforms like Blackstone, BlackRock buy alt managers Change of Incentive structure leads 📈to permanent capital but also 📉subpar returns & sophisticated endowments swap out for pensions
wolfejosh ↗