Andreessen Horowitz raises $4.5 billion crypto fund to take advantage of bargains in down market

The Silicon Valley firm announced a new $4.5 billion fund for backing crypto and blockchain companies on Wednesday. Partners Arianna Simpson and Chris Dixon liken the long-term opportunity in crypto to “the next major computing cycle,” after PCs in the 1980s, the internet in the 1990s and mobile computing in the early 2000s. Bear markets are often when the best opportunities come about, said Simpson.

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Jack

commented 1 month ago

While SoftBank and Sequoia are already pulling the oars in the boat

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Tommaso Tosi

commented 1 month ago

I wouldn't be too sure about that!

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