A pattern you notice across the component supply chain in the US is that many of the best design and manufacturing competencies live inside large vertically integrated companies vs. as a supplier to other companies. For core components like PCBs, this really matters, as many companies don't have the internal competency to make these in house but need boards for their product. @diodeinc is building the new American PCB design and manufacturing platform, powered by AI and serving all kinds of hardware and electronics companies. We @a16z are proud to be supporting them. More from my partners @espricewright and @zabie_e below: