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Comment on Andreessen Horowitz Returns Slip, According to Internal Dataparent

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And isn't 16% ans 12% still excellent? It seems better than almost anything else really...

Certainly not excellent - Obviously there is a lot that goes into it - but 20% would be closer to the average expected return on a VC fund like A16z based on the style of investing, not achieving that - or higher - would be a disappointing run.

This isn't an index fund we're talking about.

The S&P 500 has returned an average of 12.5% annually since 2011.

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