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Andreessen Horowitz announces a $4.5B crypto fund, including $1.5B for seed investments, its fourth and largest such fund

Venture capital group launches its largest fund to date focused on digital assets despite market downturn  —  Andreessen Horowitz has launched a $4.5bn cryptocurrency fund …

Financial Times Hannah Murphy

Discussion

  • @ariannasimpson @ariannasimpson on x
    Today we are announcing a16z crypto Fund 4. We've raised $4.5B to invest in promising web3 founders and startups, bringing our total crypto funds raised to more than $7.6B. 💪 https://a16zcrypto.com/...
  • @kr00ney @kr00ney on x
    Andreessen Horowitz @a16z raises $4.5B to back crypto start-ups while digital asset markets are in a rut “Bear markets are often when the best opportunities come about..” more on the firm's fourth crypto fund + chat with @AriannaSimpson https://www.cnbc.com/...
  • @packym Packy McCormick on x
    a16z crypto made a name for itself investing with conviction through the last bear. this is going to be a good one. https://twitter.com/...
  • @mdudas Mike Daodas on x
    if it's a down market, and you're trying to fund seed deals at reasonable valuations below $30m... ...then you need to write 500-1,000 $1.5-3m checks in a $1.5 billion seed fund
  • @benedictevans Benedict Evans on x
    $4.5bn for crypto. No messing about... https://twitter.com/...
  • @silvermanjacob Jacob Silverman on x
    Gm. It's time to build a bigger casino. https://www.cnbc.com/...
  • @sarthakgh @sarthakgh on x
    4.5 billion holy shit the web2 vs web3 drama is going to get more unhinged https://a16zcrypto.com/...
  • @yoda @yoda on x
    Biggest swing in fund history? https://twitter.com/...
  • @silvermanjacob Jacob Silverman on x
    $4.5 billion to spend on tokens that a16z can sell at the top while redistributing money from gamblers to whales, HFTs, and casino owners. https://www.cnbc.com/...
  • @therealjpk @therealjpk on x
    Doubling down! https://twitter.com/...
  • @ftx_access @ftx_access on x
    Still some dip buyers https://www.cnbc.com/...
  • @tsuvik Vikas SN on x
    👀 a16z is announcing new funds with the same pace (or even faster) than startups announcing new funding rounds https://twitter.com/...
  • @cryptomanran Ran NeuNer on x
    The smart money is raising more than ever and now they are getting much better deals! https://www.cnbc.com/...
  • @joonian Wong Joon Ian on x
    these funds seem to be getting... bigger? https://www.cnbc.com/...
  • @ariannasimpson @ariannasimpson on x
    As @cdixon wrote, we think the golden era of web3 is just beginning. Programmable blockchains are advanced, a diverse range of apps have tens of millions of users, and waves of world-class talent are pouring into web3 every day.