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A comment on A16Z is re-registering as a financial advisor, renouncing its status as a VC. Parent comment

Re:A16Z is re-registering as a financial advisor, renouncing... by mattnewport on Wednesday April 03, 2019 @11:36AM (#19564214)
I don't think selecting the NASDAQ in 2009 is a cherry pick given that is when the first fund started and we're talking about a tech focused fund. Even if the numbers here are more accurate than the WSJ, that still indicates the first fund is returning on par or slightly below what investing in the NASDAQ would have done over the same time period.
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Re:A16Z is re-registering as a financial advisor, renouncing... by mrnobody_67 on Wednesday April 03, 2019 @01:10PM (#19565091)
Venture as an asset class sucks.

Returns also tend to be inversely correlated to fund size and fund reputation. Top 5 or 10 firms generate virtually all the returns in the asset class.

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Re:A16Z is re-registering as a financial advisor, renouncing... by ajross on Wednesday April 03, 2019 @10:02PM (#19568766)
2009 was the end of the biggest market drop in a half century...
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