Marc Andreessen

Obviously, we try to treat them as partners, but it's just been an incredibly productive relationship.

Obviously, we try to treat them as partners, but it's just been an incredibly productive relationship.

And as you know, the best LPs understand.

And as you know, the best LPs understand.

They understand venture.

They understand venture.

They understand the time horizon.

They understand the time horizon.

They understand the risk aspects that we were talking about earlier.

They understand the risk aspects that we were talking about earlier.

And they've given us license to do a tremendous number of things that have been very risky, of which some have worked and some haven't.

And they've given us license to do a tremendous number of things that have been very risky, of which some have worked and some haven't.

And so it's been an incredibly productive partnership.

And so it's been an incredibly productive partnership.

And so I just go all through that to say,

And so I just go all through that to say,

I can imagine venture firms going public.

I can imagine venture firms going public.

I think you'd have to have a real theory on the value that you would get and you would have to really sign up for what it really takes to run a public company these days, which I would just say like public company CEOs have a very hard job.

I think you'd have to have a real theory on the value that you would get and you would have to really sign up for what it really takes to run a public company these days, which I would just say like public company CEOs have a very hard job.