tl;dr: Andreessen Horowitz has invested hundreds of millions into companies whose business models rely on deception, addiction, or regulatory evasion—including AI bot farms, cheating tools, sweepstakes gambling apps, AI companions linked to a teen's suicide, deepfake platforms hosting CSAM, and fintechs like Synapse and LendUp that collapsed or defrauded consumers. The Midas Project argues a16z is simultaneously spending tens of millions on lobbying, a $100M super PAC, and placing former partners (David Sacks, Sriram Krishnan) in government roles to preempt state AI laws and weaken consumer protections that would constrain its portfolio.