Andreessen Horowitz Gets FTC OK for Unspecified Coinbase Transaction
It is unclear at press time whether the approval is for a16z’s previously disclosed purchase of shares in Coinbase or for a new purchase.
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Coinbase has secured $25 million in funding from Andreessen Horowitz. The venture capital firm headquartered in Menlo Park, California was founded by Marc Andreesen and Ben Horwitz. Obviously enamored by the "Neon Sign", these gentlemen are putting their money where their heart is. As anyone in Silicon Valley will tell you, when Andreessen Horowitz get on a train, heads turn. From the Coinbase Blog: Coinbase Raises $25 Million From Andreessen Horowitz. On August 1st, Coinbase reached a milestone of 200,000 users. That was quickly followed in mid-October by the news that we had reached....
Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance.” Andreessen Horowitz Launches $2.2 Billion Crypto Fund Andreessen Horowitz announced the launch of a new $2.2 billion crypto venture fund Thursday. The Silicon Valley venture capital firm, also known as “a16z,” was founded by Marc Andreessen and Ben Horowitz in 2009. Chris Dixon, Katie Haun,....
Just recently Andreessen Horowitz has raised a whopping 1.5 billion dollars to invest in the next big technological breakthroughs. This injection of capital into Andreessen Horowitz could mean big things for Bitcoin-related and distributed ledger technology startups and projects. Andreessen Horowitz Loves Bitcoin. Andreessen Horowitz is one of the....
Andreessen Horowitz Plans to Put "Hundreds of Millions of Additional Dollars" Into Bitcoin Start-Ups
Marc Andreessen Flickr/Joi Ito. Some interesting information coming from a Wall Street Journal report (paywall) surrounding venture-capital firm Andreessen Horowitz and co-founder/partner Marc Andreessen (co-founder of Netscape Communications). The report, which makes note of the fact that Andreessen Horowitz has made investments of about $50 million in bitcoin-related products and services is planning to invest "hundreds of millions of additional dollars over the next few years." "I'm completely unfazed and plan to invest more," said Marc Andreessen on the topic to WSJ. Andreessen first....
Marc Andreessen helped start the Internet revolution when he co-wrote early web browser Mosaic and co-founded Netscape. Now he views bitcoin as the next technological revolution on the scale of the Internet. Andreessen Horowitz, the venture capital firm Andreessen runs with longtime collaborator Ben Horowitz, has invested about $50m in Coinbase and other bitcoin companies, and Andreessen recently vowed to invest hundreds of millions more in the space. Balaji S. Srinivasan is a general partner at Andreessen Horowitz and is a vocal bitcoin proponent. Srinivasan co-founded Counsyl, a genetic....