Andreessen Horowitz Crypto
Dedicated crypto fund within a16z investing in Web3, DeFi, and blockchain infrastructure.
a16z crypto is the 800-pound gorilla that every other crypto VC both loves and fears. They have the deepest pockets, best brand, and Chris Dixon's Twitter following, but that comes with expectations of massive outcomes. They're genuinely helpful post-investment with intros, regulatory guidance, and platform support, but they're also not afraid to lead aggressive down rounds when markets turn. The regulatory expertise they built is real and valuable. Just know that taking their money means you're playing for unicorn-or-bust outcomes.
- —Best for: Infrastructure plays that need regulatory navigation and massive scale
- —Watch out for: Unicorn-or-bust expectations and potential down round leadership
- —Known for: Best crypto brand, deep pockets, and Chris Dixon's Twitter megaphone
a16z crypto believes we're in the early stages of a massive shift toward decentralized systems that will reshape how we organize economic and social activity. They invest across the full crypto stack - from protocols and infrastructure to consumer applications and games.
Seed to growth stage across all crypto verticals. Heavy focus on infrastructure, DeFi protocols, NFT/gaming platforms, and developer tools. Portfolio shows they'll write big checks for proven teams but also bet early on unproven founders with compelling visions.
Former entrepreneur and angel investor who became crypto's most visible evangelist. Prolific Twitter presence and 'Read Write Own' author. Founders say he's genuinely helpful on product strategy and has unmatched network effects.
Former Google AI researcher turned crypto infrastructure expert. Deep technical background in distributed systems. Known for being hands-on with technical founders and helping navigate complex protocol design decisions.
Left in 2022 to start her own fund after building a16z's regulatory expertise. Her departure was notable given her prominence as their policy voice during peak crypto regulatory uncertainty.
Have a specific question about Andreessen Horowitz Crypto?
Ask Bernie →