“Most of our first customers that were over a $1M have come as relationships through Andreessen Horowitz.”—Jessica Lessin

@Jessicalessin @pmarca

  1. Not surprisingly, the Andreessen Horowitz model is identical to that of the monarchies – albeit without land holding.

  2. Entrepreneurial Paternalism vs State Capitalism seek the same end by different means. Classes differ in preference.

  3. Both Paternal models make use of credit. But one tolerates risk, and the other tolerates corruption.

  4. Which is to say that Andresson Horowitz’s experiment is a model for post-democratic, post-state capitalist government