But that’s not the only way Lazzarin thinks a16z’s research initiatives can help advance the firm’s bottom line. The code for Jolt has been open-sourced, meaning anyone can theoretically use or repurpose it without paying a16z. “Because we’re long-term investors, we don’t trade day-to-day, week-to-week, or even month-to-month,” said Lazzarin. “We benefit most if the space advances fastest over the next five to 10 years, and so our incentive is purely to advance everyone through public goods that we will never monetize.”
Surges Over 20% on Strong Q1 2026 Results
TLDR Veeva stock surged over 20% after strong Q1 earnings. Revenue hit $759 million, exceeding guidance. Non-GAAP operating margin reached...