Andreessen Horowitz co-founder Ben Horowitz has donated a fleet of Tesla Cybertrucks to the Las Vegas Metropolitan Police, the department has confirmed to TechCrunch. The Cybertruck fleet is the latest entry in a list of gifts Horowitz has given to the Las Vegas police — a relationship TechCrunch revealed in detail late last year. The […]
Ben Horowitz donates Cybertruck fleet to the Las Vegas police Read More »
Former North Carolina congressman Patrick McHenry announced Wednesday that he landed a job with VC firm Andreessen Horowitz. He will be a senior advisor. His post on X said little about what the job entails, except to be advocating for startups (which a16z likes to call “little tech”) with policymakers. Andreessen Horowitz did not immediately
a16z hires former Republican congressman Patrick McHenry as advisor Read More »
Many venture industry observers have wondered whether Andreessen Horowitz, a firm that manages $45 billion, has its sights on eventually becoming a publicly traded company. Co-founder Marc Andreessen said he isn’t “chomping at the bit to take the firm public,” on this week’s Invest Like the Best podcast. But he discussed his goal of building
Marc Andreessen dreams of making a16z a lasting company, beyond partnerships Read More »
Brian Quintenz, who leads policy for Andreessen Horowitz’s crypto team, announced on Wednesday that he’s being tapped to head the Commodity Futures Trading Commission (CFTC), according to his X post. And many in the VC industry appear to be thrilled about it. The CFTC regulates the trading of commodity futures, options, and swaps, otherwise known
VC industry reacts to Trump nominating a16z’s Brian Quintenz for regulatory role Read More »
Andreessen Horowitz is defending its decision to hire Daniel Penny, according to an investor memo seen by The New York Times. The venture capital firm caused a stir earlier this week after it announced it would hire Penny, who was acquitted last year of choking a homeless man to death in the New York City
a16z stands by decision to hire Daniel Penny Read More »
Despite news that Andreessen Horowitz (a16z) closed its London crypto-focused office, the VC giant has dozens of scouts across Europe looking for early-stage startups, reports Sifted. Some scouts are said to work at companies like Poolside and 11x, the latter of which just raised a $50 million Series B led by the firm. Though many
a16z has venture scouts scattered across Europe Read More »
Web-based party games are making a comeback, now with the infusion of generative AI. Among the startups joining the trend, the current forecast looks good for one startup, Little Umbrella, which leverages AI for its social party games. The company announced on Thursday its $2 million seed funding round. Little Umbrella plans to use the
UK documents show that the UK’s Department of Business and Trade spent five years convincing Andreessen Horowitz to create a presence in London, only for the US firm to leave 18 after launching an office, according to government documents obtained by Sifted. In 2023, a16z launched a crypto office in London, deeming the crypto environment
Documents show UK wooed a16z for five years Read More »
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade.
Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale Read More »
This month, drama unfolded across mainstream social media platforms like TikTok, which briefly went dark in the U.S. before a rapid return. Instagram recently faced backlash after ending its third-party fact-checking program. At the same time, startups like Favorited are attracting attention from investors, creators, and viewers. On Wednesday, the livestream app announced its $1.3
Livestream app Favorited, a new TikTok alternative, gets backing from a16z Read More »
