From Web2 to Web3: The Successful Transformation Path of Top Venture Capital Firms
Andreessen Horowitz, commonly referred to as a16z, is a venture capital firm co-founded by Marc Andreessen and Ben Horowitz in 2009. The firm quickly rose to prominence due to its successful investments in several well-known internet companies, becoming one of Silicon Valley's top investment firms alongside Sequoia Capital and Benchmark Capital.
Currently, the total assets managed by a16z exceed $35 billion, with investments spanning multiple industries including artificial intelligence, biomedical, consumer goods, cryptocurrency, enterprise services, fintech, and gaming. The company has established specialized funds for different sectors, with a16z crypto being the investment fund specifically targeting the cryptocurrency industry.
1. Entering the Cryptocurrency Field
a16z's earliest foray into cryptocurrency investment began in 2013.