Tag

A16z

All articles tagged with #a16z

business2 hours ago•2 min saved

Jared Leto Pursues a $75 Million VC Fund Before Controversy Surfaces

Hollywood actor Jared Leto was reportedly raising a first-time venture fund targeting $75 million, with a16z reportedly reaching out to potential backers before sexual misconduct allegations surfaced; it remains unclear how much capital was raised, Leto denies the claims, and his prior investments include Robinhood, Postmates, Reddit, Headspace, Relativity Space, and Replit, highlighting the growing influence of celebrity investors in Silicon Valley.

via Business Insider|

#a16z #business #celebrity-investors

cryptocurrency2 years ago•2 min saved

Crypto Giants Pool $78M to Influence US Elections

Ripple, Coinbase, a16z, and other prominent cryptocurrency companies and investors have pledged a total of $78 million to support the Fairshake political action committee (PAC) in the upcoming 2024 US elections. The PAC aims to back pro-cryptocurrency candidates who support American crypto and blockchain innovation and responsible regulation. This move comes as the industry faces regulatory challenges and seeks to promote transparency, innovation, and a compliance-first approach. The coalition aims to raise funds to support the PAC and advocate for clear rules of the road to foster technological innovation and combat bad actors.

via Cointelegraph|

#a16z #coinbase #cryptocurrency

business3 years ago•1 min saved

Andreessen Horowitz Picks London for First Crypto Office Outside U.S.

Venture capital firm Andreessen Horowitz (A16z) has chosen London as the location for its first office outside the US, citing the UK government's willingness to encourage startups to pursue decentralisation. The office will open later this year and will be led by Sriram Krishnan. A16z plans to invest in the crypto and startup ecosystem in the UK and Europe. The move comes as the UK's crypto regulatory outlook is gaining clarity, with the government planning to bring crypto into the realms of existing financial services regulation.

via CoinDesk|

#a16z #business #crypto