A16Z merge their financial and consumer investment teams and the next day we learn that

it will open its first international office in London, and that it is planning the next Crypto Startup School accelerator program to take place in the UK in Spring 2024.

Because apparently,

The UK has deep pools of talent, world-leading academic institutions, and a strong entrepreneurial culture.

And they

look forward to helping foster the growth of the UK web3 ecosystem while the proper regulations come online.

I mean why wait for the proper regulations to come through online .. right? It’s not as if Web3 and Crypto is risky, or populated with hucksters wanting to make a few bucks with their shady tactics.

I wonder If Rishi reads this?