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It's still a pretty founder-friendly market. If you get an offer from a16z, or anyone else:

1) it doesn't hurt to negotiate. Worst case they stand firm.

2) if you get a $1m offer from a16z, chances are you will be able to get competitive offers from other firms too. So it's more about whether you like the partner you're talking to, whether you want to work with a16z or another fund, etc

(source: I'm a VC)



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