Andreessen Horowitz raises $2.2B for its third fund focused on crypto startups and cryptocurrencies
Launches $2.2 Billion Crypto Venture Fund Duncan Riley / SiliconANGLE : Andreessen Horowitz raises $2.2B for third blockchain and cryptocurrency fund Tweets: Chris Dixon / @cdixon : 1/ Today we're announcing Crypto Fund III, a $2.2 billion fund to continue backing visionary crypto founders and help accelerate crypto into its next phase https://a16z.com/... Tomicah Tillemann / @tomicahtd : BREAKING: Later this summer, I'll be joining the legendary venture capital firm @A16z as Global Head of Policy and a Partner working with the new $2.2 billion crypto fund announced this morning. This is a big, unexpected move. Why now? Read on... @a16z : Announcing Crypto Fund III, our new fund to support the next generation of visionary crypto founders across all stages. Read more from General Partners @cdixon and @katie_haun on what's next for a16z Crypto. https://a16z.com/... @shardib2 : Hmm.. I wonder who told you last week at market lows that I was seeing unrelenting private equity investment in crypto? 2.2B Boom!! JUST A FAD!! $BTC $ETH https://twitter.com/... Arianna Simpson / @ariannasimpson : 1/ When I first fell down the crypto rabbit hole 8 years ago after witnessing severe hyperinflation in Zimbabwe, it was very unclear whether crypto would survive, let alone reach the incredible scale & milestones we've witnessed in the past year. Rachael Horwitz / @rachaelrad : Some news! I'm very pleased to share that I have joined the @a16z crypto team to lead marketing and communications. Today we're announcing Crypto Fund III, a $2.2 billion fund to continue investing in crypto networks, founders, and teams. https://a16z.com/... Jeremiah Owyang / @jowyang : Andreessen Horowitz launches $2.2 billion crypto fund. Important signal to watch. https://www.cnbc.com/... Tanay Jaipuria / @tanayj : Wow a $2.2B crypto fund 😯 The largest vertical-specific venture fund ever per @TechCrunch https://a16z.com/... Myles Danielsen / @mylesdanielsen : Rather than defaulting to sarcastic criticism, as fintwit is wont to do, perhaps consider the implications of the fact that a16z, who knows this ecosystem better than almost anyone, believes this is an appropriate scale for the opportunity set. Yet another reminder to learn more https://twitter.com/... Nischal / @nischalshetty : Kudos to @a16z for creating a massive $2.2B Crypto fund! While other VCs are still deciding, a16z is eating the market. Not surprising since they believe: “Software is eating the world” The world is moving to one open financial system with Crypto 🚀 https://a16z.com/...