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I’m excited to announce that Andreessen Horowitz simply raised a contemporary $9B to take a position by way of our Enterprise, Development, and Bio Funds. We’re grateful to our Restricted Companions who’ve believed in us and caught with us over the previous 12 years and hope to earn their belief as soon as once more. We thank our many fantastic entrepreneurs who made this set of funds doable.
One may ask: “Why make investments $9B in a model new set of expertise corporations?” Our reply begins with one of many agency’s core cultural values: We consider sooner or later and we guess the agency that approach.
At Andreessen Horowitz, we particularly consider within the technology-enabled future. There aren’t any extra worthwhile endeavors than our most sensible minds taking nice dangers to enhance the world by doing one thing bigger than themselves. As my accomplice Marc describes in Expertise Saves the World, with out nice advances in expertise, life on Earth actually won’t get higher and will nicely worsen.
Past that, we see entrepreneurs daily with potential options starting from a fairer inventive financial system to raised training for low revenue college students to cures for most cancers. We by no means know which of those will work and that’s why we worth the individuals who guess their careers and their lives on fixing these issues.
It’s our position and mission to assist these entrepreneurs construct the perfect corporations they’ll and obtain their vital objectives. With these new funds, together with a $1.5B Bio fund, $5B Development fund, and $2.5B Enterprise fund, coupled with the $2.2B Crypto Fund and $400M Seed Fund we raised in 2021, we are going to proceed to take a position throughout the whole spectrum of phases, writing checks as small as $25,000 and as much as lots of of tens of millions of {dollars}.
We stay up for being a part of a really brilliant future with you.
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This content material is supplied for informational functions solely, and shouldn’t be relied upon as authorized, enterprise, funding, or tax recommendation. You must seek the advice of your personal advisers as to these issues. References to any securities or digital belongings are for illustrative functions solely, and don’t represent an funding suggestion or supply to offer funding advisory providers. Moreover, this content material shouldn’t be directed at nor meant to be used by any traders or potential traders, and will not underneath any circumstances be relied upon when making a call to spend money on any fund managed by a16z. (An providing to spend money on an a16z fund might be made solely by the non-public placement memorandum, subscription settlement, and different related documentation of any such fund and ought to be learn of their entirety.) Any investments or portfolio corporations talked about, referred to, or described usually are not consultant of all investments in autos managed by a16z, and there could be no assurance that the investments might be worthwhile or that different investments made sooner or later can have related traits or outcomes. A listing of investments made by funds managed by Andreessen Horowitz (excluding investments for which the issuer has not supplied permission for a16z to reveal publicly in addition to unannounced investments in publicly traded digital belongings) is on the market at https://a16z.com/investments/.
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