The crypto bets of a16z crumble, early investors still profit
Andreessen Horowitz (a16z) sold crypto before the crash, leaving early investors with a return. But its four crypto funds are plummeting.
Andreessen Horowitz (a16z) sold crypto before the crash, leaving early investors with a return. But its four crypto funds are plummeting.
a16z has significantly slowed down investments in crypto firms, amid a bear market that has its flagship crypto fund down 40%.