Andreessen Horowitz is a private American venture capital firm. It was founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen Horowitz invests in both early-stage start-ups and well-established growth companies.
Andreessen Horowitz, the American Venture Capital firm have announced the launch of a new $2.2 billion crypto venture fund on June 24, 2021, Thursday.
The Silicon Valley venture capital firm is also known as “a16z.” It was founded by Marc Andreessen and Ben Horowitz in 2009.
Andreessen Horowitz have been investing in both early stage start-ups and in well-established growth companies. They have so far, invested in mobile, gaming, e-commerce, education and enterprise IT like cloud computing, security and software as a service industries.
The Super Angel Investors are now investing in “Crypto Fund III.”
“The size of this fund speaks to the size of the opportunity before us: crypto is not only the future of finance but, as with the internet in the early days, is poised to transform all aspects of our lives.”
Future from a16z is a blog which helps in the understanding of the future, about how tech shapes it and how we build it.
The blog on the Crypto Fund III, by Chris Dixon, Katie Haun, and Ali Yahya expressed: “We believe that the next wave of computing innovation will be driven by crypto. We are radically optimistic about crypto’s potential to restore trust and enable new kinds of governance where communities collectively make important decisions about how networks evolve, what behaviors are permitted, and how economic benefits are distributed. That’s why today we’re pleased to announce a new $2.2 billion fund to continue investing in crypto networks and the founders and teams building in this space. This represents the beginning of an exciting new chapter for the a16z crypto team.”
Andreessen Horowitz a.k.a. a16z are now expanding their team to provide unrivaled regulatory and operational capabilities alongside their crypto-native data science and research services.
They are continuing to deepen their focus on the kind of behaviors the entrepreneurs expect from a crypto investor including staking, delegating, running nodes, actively participating in governance and designing mechanisms. They are doing all it takes to expand their data science and research teams to support this effort.
The team now consists of experts in marketing, public relations, policy, regulatory affairs, recruiting, and also general startup management. The talent pool consists of: Anthony Albanese, Bill Hinman, Alex Price, Tomicah Tillemann, Brent McIntosh, and Rachael Horwitz.
