When was the last time Marc Andreessen talked to a poor person?

October 17, 2023

Venture capitalist Marc Andreessen posted a manifesto on the a16z website, calling for “techno-optimism” in a frenzied, 5,000-word blog post that somehow manages to re-invent Reaganomics, propose the colonization of outer space, and unironically answer a question with the phrase “QED.” Andreessen’s vision of techno-optimism could seem inspiring: he imagines a Libertarian-esque world where technology […]

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TC+ Roundup: How to capture market share in the era of AI

October 17, 2023

Good morning! We have lots of good stuff for you this Tuesday, so let’s dig right in. Up first, we surveyed six investors who are placing bets on AI. We wanted to know how startups should begin building tools for AI; whether startup-focused AI work is defensible; and how tech companies are thinking about monetization. […]

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Reddit is killing blockchain-based Community Points

October 17, 2023

Reddit is winding down Community Points — the blockchain-based “internet points” program designed to reward creators and developers — in favor of prioritizing rewards programs that are less difficult to scale. “Though we saw some future opportunities for Community Points, the resourcing needed was unfortunately too high to justify,” Reddit’s director of consumer and product […]

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