Does that mean that recipients can legitimately tell the press and other investors that a16z is one of their investors?
Assuming that the recipient can keep a straight face?
EDIT: Perhaps having a16z as the only VC in your seed is a very bad idea. Chris Dixon (now a partner at a16z) cautions enterpreneurs against the risks of having a sole VC in your seed round:
"I can think of about 15 founders I’ve spoken to recently who tried or are trying to raise Series As but are seriously hampered by the fact that a big VC invested in the seed round but isn’t participating in the Series A."
Excellent. Not too long ago I asked a partner at a very well known VC firm if they would consider investing a small amount ($x00) in many "startups" to see if the founders would use the money effectively and follow up with a more serious investment if so. He looked at me as though I was asking sarcastically rather than sincerely.
I'm confident that these six new Pinboard/Ptacek/A16Z companies will have excellent return on investment.
Humor aside, there are many smart founders but being brilliant and being money-minded are orthogonal.
I wonder how much having any amount from a top-tier investor like a16z is worth (since you don't need to reveal the amount, at least initially, and once they're already talking to you...). Presumably that $50 is worth more like $5-10k, unless someone reads this thread.
Are there any good "State Engine" packages for use with Ruby on Rails? I have been working in Javascript for the Windows 8 UI (and probably PhoneGap to make a quick Android port), but if it would help get the product done to go another direction, I am willing to consider.
