Andreessen Horowitz is Betting on the Passion Economy

Andreessen Horowitz (A16Z) is investing millions in businesses that accelerate the transition of people from working for larger media companies to being totally independent. The companies of the “creator stack” are taking the media world by storm. They hardly need to market themselves as word-of-mouth and traditional press are doing the job for them. The New York Times ran what amounts to a full page ad for Substack given that it starts with eye-popping figures like half million dollar contracts for indie writers.