a16z Raises $7 Billion Fund Without Meme Coin Allocation, Sparks Crypto Industry Debate

Venture capital firm a16z has raised $7 billion without earmarking any funds for meme coins, sparking debate on the role of meme coins in the crypto industry. The firm's stance against meme coins has drawn mixed reactions, with some questioning the impact on crypto's image and others highlighting the community value they bring. Various individuals express differing opinions on meme coins, from their potential for high returns to their impact on the market and investor behavior.