This is all silly and as best as I can read it due to very vocal large VC managers having politics the author doesn't agree with.
Take a look at the bullet points. It's just scattered random conflicting complaints.
VC is small and is now big (okay...)
They're not even VC anymore, they're doing all sorts of other investments (okay and?) Oh and they don't really care about their returns, but they grow fast (what? I'm pretty sure VCs care about returns). You know what else grows fast? Cancer!
Now that they're large, they have power over founders (why? there's other sources of capital). And they use companies to push their politics (seems much more complicated than just paying lobbyists).
And did you know pension funds invest in this stuff?(which is bad?)
There's an argument against large VC, but this ain't it. Talk about misaligned incentives, how they push aggressive tactics without regard to the founders, who may not be indifferent between a 50% chance of building a company to $10m to a 1% chance of building a company to $1b
Or just say "I don't like the politics of [VC related person]" and save everyone time.
"politics the author doesn't agree with" = racism, hatred, calls for ethnic cleansing, dismantling of the democratic government, open support for fascism... all being coordinated and advanced by a cabal of extremely wealthy VCs. Yeah those politics.
I can understand how the article might conflict with personally held notions and thus might look odd, especially as the weird dealings of the tech accelerationists do not find much press coverage. The only thing I can do is recommending to keep your mind open for new info, the article mentions he will follow up on the bullet points. The author has another previous article [1] that references Paul Krugman's article "The rich are crazier than you and me"[2], that might be an interesting read alongside the other pointers. As an aside, I also recommend to watch the video at the end that goes into Andreessen hiring murderer Daniel Penny.
1. https://www.nytimes.com/2023/07/06/opinion/robert-kennedy-jr... 2. https://www.anildash.com/2023/07/07/vc-qanon/