I spent some time in the last few weeks with my colleagues Morgan Bender and Scott Kupor going through the state and history of US tech funding. It's pretty easy to point out that the current situation bears little resemblance to 1999 or 2000. This time it's different. But then, it's always different - what's going on now?
Update: we also did a podcast talking though these issues.
"This time is different." But it's always different! So what's going on now in the public markets? Why does this even matter? For one thing, tech markets have grown significantly. And one big reason is internet and mobile. It's like a multiplier for the market size ... and opportunity. In this episode of the a16z Podcast, Andreessen Horowitz managing partner Scott Kupor, mobile analyst Benedict Evans, and corp dev research partner Morgan Bender break down a slide deck we recently shared, including answers to what all these so-called “unicorns” are, how it affects venture capital and the funding landscape, and how we define a "quasi-IPO."