a16z raises $7.2 billion for new venture funds

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm co-founded by Marc Andreessen and Ben Horowitz, has closed a mega $7.2 billion in new funds. The VC giant, which is one of the largest backers of crypto projects, beat its targeted $6.9 billion. Axios highlighted the milestone in a report, noting that this reflects a16z’s […]