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.
Bitcoin24h
$65,435.33+3.70%
Ethereum24h
$1,904.87+4.72%
XRP24h
$1.37+2.86%
BNB24h
$593.52+0.20%
Solana24h
$81.84+6.83%
TRON24h
$0.2865+1.71%
Dogecoin24h
$0.0924+0.55%
Bitcoin Cash24h
$499.35+3.19%
Cardano24h
$0.2656+2.84%
UNUS SED LEO24h
$8.74+11.68%
a16z dials back crypto investing as flagship fund gets rekt
a16z has significantly slowed down investments in crypto firms, amid a bear market that has its flagship crypto fund down 40%.
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The legal battles of Justin Sun—by Protos Staff
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CHART: Bitcoin returns in short bursts—by Protos Staff
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Aave developer BDG Labs to ‘cease contribution’ after DAO drama—by Protos Staff
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Michael Saylor’s Spinal Tap ad says STRC is like a bank account — it isn’t—by Protos Staff
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FTX-linked Effective Ventures sells UK manor at $14.5M loss—by Protos Staff
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Dutch nominee to oversee crypto tax quits over CV scandal—by Protos Staff
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Paul brothers business partner claims ‘0% rug pull risk’ with new memecoin—by Protos Staff
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How would Michael Saylor refinance Strategy’s $8.2B debt?—by Protos Staff
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Zerebro founder Jeffy Yu has allegedly killed himself again—by Protos Staff
