Nah. Most often a16z, as other VC's, invest in platforms.
What do platforms often do: take an industry, served by many businesses, often small ones, and concentrate it.
Than, the platform does most of the repetitive, scalable, work, while leaving entrepreneurs with doing all risky work, and little place for hiring employees.
As for the employees, their work is commoditized, they get ton of competition which to leads to really deteriorating pay and work conditions, and labor laws are often broken right and left.
What do platforms often do: take an industry, served by many businesses, often small ones, and concentrate it.
Than, the platform does most of the repetitive, scalable, work, while leaving entrepreneurs with doing all risky work, and little place for hiring employees.
As for the employees, their work is commoditized, they get ton of competition which to leads to really deteriorating pay and work conditions, and labor laws are often broken right and left.