WSJ Reports A16z’s Largest Crypto Fund Loses 40% in First Half of 2022
Posted on 10/27/2022
Web3 might be taking a big “dump” on limited partner investors. The Wall Street Journal reported that Andreessen Horowitz’s A16z flagship crypto fund has plummeted by more than 40% in the first half of 2022. This is even with private market-to-market assumptions. A16z launched its fourth crypto fund in May 2022, the biggest one at US$ 4.5 billion. In total, US$ 7.6 billion was raised across all of A16z’s crypto funds.
