Summary
TLDR: A16z’s research initiatives, like open-sourcing Jolt, aim to advance the firm’s long-term investments by benefiting the space as a whole rather than seeking short-term gains. Their goal is to advance everyone through public goods that they will not monetize.
Key Points
1. The code for Jolt has been open-sourced, allowing anyone to use or repurpose it without paying a16z.
2. a16z’s research initiatives are aimed at advancing the firm’s bottom line by benefiting from the overall growth and advancement of the space over the next five to 10 years.
3. The firm’s incentive is to advance everyone through public goods that will not be monetized, aligning with their long-term investment strategy.