a16z’s new $2.2B fund won’t just bet on the crypto future, it will defend it
https://techcrunch.com/2021/06/24/a16zs-new-2-2b-fund-wont-just-bet-on-the-crypto-future-it-will-defend-it/
The big news in tech this morning is a new a16z cryptocurrency-focused fund totaling some $2.2 billion. The new investment vehicle is worth around four times what the company’s preceding crypto fund — its second — was worth.
Andreessen’s wager on cryptocurrency is only accelerating over time as the investing house raises larger funds focused on the market with less time between them.
a16z’s new $2.2B fund won’t just bet on the crypto future, it will defend it
Jun 24, 2021, 3:16pm UTC
https://techcrunch.com/2021/06/24/a16zs-new-2-2b-fund-wont-just-bet-on-the-crypto-future-it-will-defend-it/
> The big news in tech this morning is a new a16z cryptocurrency-focused fund totaling some $2.2 billion. The new investment vehicle is worth around four times what the company’s preceding crypto fund — its second — was worth.
> Andreessen’s wager on cryptocurrency is only accelerating over time as the investing house raises larger funds focused on the market with less time between them.