Andreessen Horowitz just closed its second crypto fund
https://techcrunch.com/2020/04/30/andreessen-horowitz-just-closed-its-second-crypto-fund/
Two years ago, the venture firm Andreessen Horowitz (a16z) took the wraps off a dedicated crypto fund from a subset of its limited partners, who’d provided the firm with $300 million in capital commitments. Now, the firm says it has closed a second fund in the same vein, this time with $515 million in capital commitments.
As general partner Chris Dixon — who leads the fund with general partner Katie Haun — tells Fortune: “It’s very rare that major, new computing paradigms come along, and we think this is on the scale of cloud and mobile for the Internet.”
Andreessen Horowitz just closed its second crypto fund
Apr 30, 2020, 8:14pm UTC
https://techcrunch.com/2020/04/30/andreessen-horowitz-just-closed-its-second-crypto-fund/
> Two years ago, the venture firm Andreessen Horowitz (a16z) took the wraps off a dedicated crypto fund from a subset of its limited partners, who’d provided the firm with $300 million in capital commitments. Now, the firm says it has closed a second fund in the same vein, this time with $515 million in capital commitments.
> As general partner Chris Dixon — who leads the fund with general partner Katie Haun — tells Fortune: “It’s very rare that major, new computing paradigms come along, and we think this is on the scale of cloud and mobile for the Internet.”