A16Z is basically funding toxic fungi growing on the face of society at this point. So much of what they do seems to be a bet that people will want to pay money to do antisocial things and avoid the consequences.
A lot of people are against the current social media tech it seems. I wouldn't be surprised if they're funding the acceleration of its collapse to see what can come next.
New generation is less social, more sober, less motivated, more doomer.