Andreessen Horowitz

Stripe’s biggest acquisition yet, and what’s a16z doing with all of those Nvidia GPUs?

Fundraising /

It’s no secret that Stripe has doubled down on its crypto offerings, enabling crypto purchases in the EU back in July and announcing a Pay with Crypto feature earlier this month. This week, the fintech giant made its dedication even clearer with its largest deal to date: its acquisition of stablecoin platform Bridge for an […]

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Flock Safety paid over $300M for 17-month-old drone startup Aerodome

Startups /

Last week, police surveillance startup Flock Safety announced that it had bought drone startup Aerodome. The acquisition price was over $300 million, according to sources in the venture world. The number has not been previously reported.  Both Flock Safety and Aerodome are backed by Andreessen Horowitz and have raised over $680 million and $28 million,

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Marc Andreessen says AI model makers are in ‘race to the bottom’ and it’s not good for business

AI /

Marc Andreessen, general partner at VC firm Andreessen Horowitz, was on stage at the Ray Summit conference earlier this month, talking about AI. CFO.com has pulled out the best quotes so you don’t have to watch the full interview. “Maybe all of these companies are in a race to the bottom,” Andreessen said when talking

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The lawmaker behind California’s vetoed AI bill, SB 1047, has harsh words for Silicon Valley

AI /

The lawmaker behind California’s recently vetoed AI bill, SB 1047, is going down swinging. For months, Silicon Valley debated whether SB 1047 would have a chilling effect on California’s AI boom or would protect against catastrophic harms from advanced AI systems. The answer never became clear, since California governor Gavin Newsom decided it was the

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Palmer Luckey tried to crush aeronautics startup Salient Motion. But Anduril backer a16z invested.

Hardware /

Two years ago, Vishaal Mali, Kai Yin and Aiden Jenkins left their engineering jobs at Anduril’s futuristic, high-ceiling office to spend their days in a two-car garage building defense tech startup Salient Motion. For 15 hours a day, the three men soldered airplane parts together, huddled around a propane tank heater (the only source of

Palmer Luckey tried to crush aeronautics startup Salient Motion. But Anduril backer a16z invested. Read More »

Series, a GenAI game development platform, has quietly raised $28M from Netflix, Dell, a16z, others

AI /

It’s been quite the year for gaming industry exec Pany Haritatos.  Last month, he quietly closed an oversubscribed $28 million Series A for his new game studio startup Series Entertainment, according to an SEC document and confirmation from the company. Investors include Netflix, Dell Technologies Capital, with follow-on investments from seed investors Andreessen Horowitz, BITKRAFT,

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Andreessen Horowitz shutters its Miami office after two years

Venture /

Andreessen Horowitz (a16z) has closed a satellite office in Miami Beach just two years into a five-year lease it signed for an 8,300-square-foot space. The reason? Disuse, reports Bloomberg. Miami — once a hotspot for crypto, an area of interest for a16z — has struggled to retain venture cash and entrepreneurial talent in recent years,

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Marc Andreessen’s family plans to build a ‘visionary’ subdivision near the proposed California Forever utopia city

Venture /

The family of powerhouse venture capitalist Marc Andreessen, one of the investors behind the hoped-for California Forever utopian city in Solano County, California, is planning a substantial community development in the area, TechCrunch has learned. Andreessen is married to Laura Arrillaga-Andreessen, whose Silicon Valley real estate mogul father bought land in Solano County decades before his

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A16z offers social media tips after its founder’s ‘attack’ tweet goes viral

Venture /

On Friday, the venture firm Andreessen Horowitz tweeted out a link to its guide on how to “build your social media presence,” which features advice for founders on things like “how to find your people” and “how often to post.” The timing of the tweet was ironic given the social media frenzy on Friday after

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Silicon Valley’s impact on the election and an acquisition making our HeadSpin

AI /

Welcome back to another recap of Equity, TechCrunch’s flagship podcast about the business of startups. This episode is packed with deals, antitrust musings, AI and more.  To kick things off, Kirsten walked us through Elon Musk’s recent declaration of his intent to move both SpaceX and X’s headquarters out of California to Texas. Whether or

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