Excellent thread, and that final tweet is 🧑‍🍳😙. The VC world's brands are a superb example of a space in which marketing dominates and product is barely considered.

“a16z led the charge on the "lol valuations don't matter" approach that defined 2019-2022 venture capital with deals like the one valuing Clubhouse at $4B or Hopin at $6B.” Wild to look at those valuations now in 2023. 🤯 Interesting thread by Tyler. 👍