Andreessen Horowitz is a venture capital firm known for its focus on new technologies. The firm has $28 billion in assets under management across multiple funds — including $3 billion in crypto funds. And in January, a16z said it would raise $1 billion for Web3 seed investments.
Web3 is envisioned as a decentralized next generation of the internet. So there’s a heavy irony in the fact that Andreessen Horowitz is investing in technology that’s ultimately designed to eliminate the need for large venture firms and big tech companies.
But what does this mean for crypto and Web3?
In this episode of Crypto Monitor, Vin Narayanan and Allison Brickell discuss what Web3 is, what happens when people own their data, what Web3 and its investors mean for crypto adoption and more.
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