Marc Andreessen, co-founder and general partner at Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) recently explained how his firm invests in the crypto space.
“We’re looking for really sharp founders who have a vision and the determination to go after it… where there’s some reason to believe that there’s some deep level of technological economic change happening, which is what you need for a new startup to wedge into a market. That there’s a reason for it to exist, there’s a market for what they’re building and they’re going to build a product and there’s going to be an intersection between product and market and there’s going to be a way to make money. We go into every crypto investment with the same timeframe we go into venture investing. So we go in with at least a five to 10-year timeframe, if not a 15 to 20-year time frame.“
All Comments