Andreessen Horowitz launches generalist $2 billion late-stage fund and $750 million early-stage fund focused on consumer, enterprise and fintech investments.
Andreessen Horowitz partner Marc Andreessen speaks during the Fortune Global Forum on November 3, 2015 in San Francisco, California.Silicon Valley venture capital firm Andreessen Horowitz announced Wednesday it raised $2 billion for its first late-stage venture fund.
The firm's newest general partner David George will run the fund, which will specialize in providing funding for companies in Series C to Series G range. The firm also announced Fund VI, a $750 million early-stage fund for enterprise, consumer and fintech investments.Andreessen Horowitz, one of Silicon Valley's most high-profile venture capital firms, is shaking things up ahead of its 10th birthday.
Wednesday the firm announced it raised $2 billion for its first foray into late-stage investing. Managing Director Scott Kupor wrote in a blog post the fund will be run by new general partner David George and will invest in companies from Series C to Series G stages across a range of industries.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ray Dalio, the hedge fund manager decrying wealth inequality, made $2 billion last yearRay Dalio, the founder of the biggest hedge fund in the world, was the highest-paid hedge-fund manager in the world last year.
Lire la suite »
The One Thing VCs Think Startups Need To SucceedFounders and investors can agree on one thing: the people on a startup's team can make or break its success. So while hiring new talent is important, investing resources in the talent you already have can be key to healthy growth.
Lire la suite »
Here's why SoftBank's $100 billion Vision Fund places bets on unprofitable tech companiesA partner at SoftBank's Vision Fund gave some insight into how the tech-focused fund decides on what companies it invests in.
Lire la suite »
Pelosi, Schumer, Trump agree on $2 trillion for infrastructure spending, while leaving funding in doubtTop congressional Democrats said Tuesday they had agreed with President Donald Trump to spend $2 trillion on infrastructure projects and that a group would...
Lire la suite »
Netflix Wants to Keep Making Movies. It’s Borrowing More Than $2 Billion to Do It.The streaming platform is selling bonds to finance the production of even more original content.
Lire la suite »
300 Investor Rejections And 1 Failed Startup Led This Entrepreneur To Build A $1 Billion BusinessEntrepreneurship can be more than a marathon. It’s a decathlon. Knowing when to quit or persist can be an art. Raising funding for a startup can be a formidable game. Henry Ward is an entrepreneur who knows this all too well.
Lire la suite »
$3.2 billion startup SmileDirectClub is opening teeth-straightening shops in hundreds of CVS storesSmileDirectClub promises to straighten your teeth without you having to go near an orthodontist's office.
Lire la suite »
Take Your Medicine: This $1.5 Billion Health Startup’s Smart Pills Keep Patients From Forgetting
Lire la suite »
In Search Of The Next Unicorns For This Year's Forbes Next Billion-Dollar Startups ListThe deadline to submit companies for our Forbes' Next Billion-Dollar Startups list is tomorrow. If you run a company that might qualify, have invested in one or want to get one on our radar, let us know here:
Lire la suite »
No bank would fund this African mobile start-up — and then its founder became a billionaireMo Ibrahim is the billionaire founder of African telecommunications operator Celtel, which he sold in 2004 for $3.4 billion. But when Ibrahim started the company in 1998, he couldn't get funding.
Lire la suite »
300 Investor Rejections And 1 Failed Startup Led This Entrepreneur To Build A $1 Billion BusinessEntrepreneurship can be more than a marathon. It’s a decathlon. Knowing when to quit or persist can be an art. Raising funding for a startup can be a formidable game. Henry Ward is an entrepreneur who knows this all too well.
Lire la suite »