It’s a VC firm - Associate Andreessen Horowitz Employee Review

Well, as a part of the firm you have two maybe three jobs, 1) make management teams rich 2) make your bosses rich and if you’re lucky 3) make yourself rich. Like all asset management firms AH charges exuberant management fees to institutional investors and pay themselves huge salaries to “asset manage,” and by the virtue of their network have attained some VC economies of scale. Remember, VC’s only care about two things 1) their image and 2) money.