The All-Index
000660.KS▲ 390.9%PLTR▲ 254.2%DELL▲ 180.4%HOOD▲ 165.6%TSLA▲ 122.5%GOOGL▲ 92.4%AVGO▲ 90.8%WMT▲ 64.9%PANW▲ 65.3%NVDA▲ 41.7%BE▲ 19.7%LLY▲ 32.9%BABA▲ 31.5%AAPL▲ 8.9%NYT▲ 10.3%AMZN▲ 12.9%SIEGY▲ 0.9%EA▲ 1.2%CRM▼ 6.8%RACE▼ 4.1%META▼ 6.5%ORCL▼ 18.0%MSFT▼ 26.0%LNG▼ 18.9%U▼ 29.6%MP▼ 29.7%CRCL▼ 0.7%ADYEN▼ 37.6%COIN▼ 50.7%000660.KS▲ 390.9%PLTR▲ 254.2%DELL▲ 180.4%HOOD▲ 165.6%TSLA▲ 122.5%GOOGL▲ 92.4%AVGO▲ 90.8%WMT▲ 64.9%PANW▲ 65.3%NVDA▲ 41.7%BE▲ 19.7%LLY▲ 32.9%BABA▲ 31.5%AAPL▲ 8.9%NYT▲ 10.3%AMZN▲ 12.9%SIEGY▲ 0.9%EA▲ 1.2%CRM▼ 6.8%RACE▼ 4.1%META▼ 6.5%ORCL▼ 18.0%MSFT▼ 26.0%LNG▼ 18.9%U▼ 29.6%MP▼ 29.7%CRCL▼ 0.7%ADYEN▼ 37.6%COIN▼ 50.7%
All holdings

Andreessen Horowitz

privateBullish

Venture capital firm investing across consumer, enterprise, crypto, and bio technology startups.a16z.com ↗

3 takes · first discussed Jul 12, 2024 · last May 15, 2026 · 1 stance reversal

Net conviction
Bullish
Who's weighed in
ChamathSacks
Takes
3
First discussed
Jul 12, 2024

Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.

Where they stand now

ChamathChamath
Bullish

Chamath argues a16z's heavy political donations reflect a deliberate strategy to build the relationships needed to scale toward $1T AUM, positioning themselves as the next Blackstone — a sound business decision for a firm that must invest in geopolitically sensitive parts of the economy.

E273 · May 15, 20262 takes ↓
SacksSacks
Bullish

Sacks views a16z's GPU cluster as a reasonable business development strategy—timesharing chips to portfolio companies, charging back costs, and breaking even or profiting if GPUs don't depreciate too rapidly—and sees it as smart competitive positioning for a VC firm.

E187 · Jul 12, 20241 take ↓

The discussion

The hosts hold a mixed but generally cautious view of a16z's strategic moves. On the GPU cluster investment, Chamath is skeptical, arguing that the ~$100M+ equity outlay translates to over $2B in foregone enterprise value for the management company, making the bet on portfolio equity stakes highly speculative given hardware commoditization risk; Sacks is more sanguine, seeing the timesharing model as a reasonable cost-recovery and competitive positioning play for a VC firm, though his conviction is low. On a16z's broader long-term strategy, Chamath is notably more bullish, framing the firm's heavy political donations as a deliberate and sound move to build relationships necessary to scale toward $1T AUM and become the next Blackstone — suggesting he views the firm's ambitions as credible even while questioning specific capital allocation decisions.

How they got there

ChamathChamath2 takes since Jul 12, 2024
flipped once
’25
’26
BullishE273May 15, 2026⚑

Chamath argues a16z's heavy political donations reflect a deliberate strategy to build the relationships needed to scale toward $1T AUM, positioning themselves as the next Blackstone — a sound business decision for a firm that must invest in geopolitically sensitive parts of the economy.

They're in the AUM business, right? They can't stop at $100 billion of AUM. They're marching towards a trillion. They're going to be the next Blackstone, which I think is an incredible feat, and they're building a juggernaut of a business.”16:11
SacksSacks1 take since Jul 12, 2024
BullishE187Jul 12, 2024⚑

Sacks views a16z's GPU cluster as a reasonable business development strategy—timesharing chips to portfolio companies, charging back costs, and breaking even or profiting if GPUs don't depreciate too rapidly—and sees it as smart competitive positioning for a VC firm.

they're buying these chips and then they're effectively timesharing them out to portfolio companies. And so they're going to charge for their use. They're going to amortize this cost... I don't think this is a bad idea at all.”45:02
iAbout these quotes
Quotes are machine-transcribed from the episode audio — use the Listen links to verify any take against the source, or the ⚑ link to report a problem. Takes marked unverified, low-conviction, or commentary-only never move stances, the index, or the funds.