Andreessen Horowitz is exploring investing in early-stage VC firms to juice deal flow
Andreessen Horowitz is preparing to launch a fund of funds to invest in other startup backers.A16z has already been courting up-and-coming fund managers at events in San Francisco and LA.
The venture-capital powerhouse Andreessen Horowitz has in recent months been in discussions to form a fund of funds focused on early-stage investing, according to multiple people familiar with the project. The firm aims to front cash to check writers such as solo capitalists and emerging fund managers, with the hope that those same investors nudge them toward promising young startups in their portfolios. In doing so, A16z locks onto potentially valuable targets at the earliest stages.
In recent months, the firm has started to court up-and-coming fund managers with events in San Francisco and Los Angeles, according to three sources familiar with the firm's plans. It's planning to host a mixer next month, said one source, at its office in the heart of San Francisco's South of Market neighborhood.
Marc Andreessen, the firm's erudite cofounder, has contributed personally to more than two dozen fund managers and VCs, based on interviews with investors and fund announcements, ranging from
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Amazon may prioritize search results to show items closest to you: WSJAmazon may prioritize items in search results depending on how close it is to you and how quickly it can be delivered
Baca lebih lajut »
Astros insider: Lackluster offense exposes Houston again in loss to White SoxThe Astros are averaging .220 in their last 13 games, the third-lowest average of any...
Baca lebih lajut »
'Free speech opportunist' Elon Musk censored tweets in Turkey'Free speech opportunist' Elon Musk caved to government pressure to censor tweets ahead of the Turkish election. Critics argue SpaceX dealings with the country's right-wing leader may have caused the reversal.
Baca lebih lajut »
I went to Tractor Supply and saw why Wall Street loves the rural brandI went to Tractor Supply and saw why Wall Street loves the rural retailer, but I wasn't convinced of its appeal to millennial and Gen Z shoppers
Baca lebih lajut »
How real estate investor with $36,000 salary scaled to 2,500 rentalsA real estate investor with a $36,000 salary scaled to 2,400 rental units after buying 2 run-down, single-family homes with a partner. He shares his top 5 tips for getting started with little cash.
Baca lebih lajut »
New Twitter CEO 'inspired' by Elon Musk's vision for 'brighter future'Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Baca lebih lajut »