Andreessen Horowitz Raises $7.2 Billion, Will Not Fund Crypto This Time
Key Takeaways Andreessen Horowitz has raised $7.2 billion to invest in various different sectors while reducing focus on cryptocurrencies; The firm plans to allocate funds to American Dynamism, Apps, Games, Infrastructure, and Growth venture strategies; a16z is setting up specialized venture funds for every sector, each with its own team of experts.
Key Takeaways
- Andreessen Horowitz has raised $7.2 billion to invest in various different sectors while reducing focus on cryptocurrencies;
- The firm plans to allocate funds to American Dynamism, Apps, Games, Infrastructure, and Growth venture strategies;
- a16z is setting up specialized venture funds for every sector, each with its own team of experts.