Here’s what Andreessen Horowitz’s leaked decks mean for the future of venture capital

Even before I started VC investing, I realized venture capital was on a predictable path to disruption. Looking at venture through Christensen’s lens, I saw big funds moving upmarket, leaving the door open to disruptors (in this case, smaller emerging funds) to eat the category from the bottom up.As you might imagine, working for the guy shaped how I see the world to this day.For context, after graduating business school, I worked with Clayton Christensen —the man who developed the theory of disruptive inno ...