Breaking News- Coinbase Raises $25 Million From Andreessen Horowitz
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....
Related News
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,....
The Silicon Valley venture firm is doubling down on blockchain technology, having already supported several crypto startups over the years. Andreessen Horowitz is launching a new crypto-focused fund dedicated to expanding the size and marketability of blockchain projects, offering further evidence that venture funds believe in the staying power of digital assets. Crypto Fund III, a $2.2-billion venture fund co-led by Andreessen Horowitz general partners Chris Dixon and Katie Haun, was officially announced Thursday morning. The fund will be used to finance cryptocurrency networks and teams....
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....
In a recent interview with CNET, Netscape founder Marc Andreessen shared his viewpoint on Bitcoin, saying that he wished he invented Bitcoin without hesitation. "When we tried to get investors for Netscape, most of them said 'you're out of your mind," Andreessen said. "This is the thing that's most like that of anything I've seen in the last 20 years." Also read: Coinbase Raises $25 Million From Andreessen Horowitz. According to CNET, Andreessen also said that Bitcoin today is like the Internet was in 1993, when it was slow and difficult to access unless you were a master of computer....
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....