Investing in cryptocurrencies shouldn’t be for the faint of coronary heart. The unstable cryptocurrency business is plagued by the remnants of high-profile collapses comparable to Terraform Labs, Three Arrows Capital, and FTX. Nonetheless, some enterprise capital corporations, notably funding large Andreessen Horowitz, aka a16z, stay bullish on cryptocurrencies.
In Could 2022, a16z introduced its fourth $4.5 billion cryptocurrency fund, bringing the whole raised in crypto and web3 alone to over $7.6 billion.
The corporate appears to wish to keep in an business the place many conventional VCs have left. I wish to know why. We even have questions on issues like Web3’s funding technique. This is the reason a16z’s common associate, Arianna Simpson, is thrilled to hitch us for a fireplace chat at her currencyjournals Disrupt 2023, September 19-21 in San Francisco.
Hearken to Arianna Simpson of a16z at currencyjournals Disrupt 2023
Irrespective of the way you make investments, the $4.5 billion fourth fund is a rare quantity. We ask Mr. Simpson if he thinks the alternatives are equally massive, and the way he thinks they’re going to take form. It’ll even be attention-grabbing to see how the corporate offers with not solely the infamous instability of the ecosystem, but in addition the impression on cryptocurrencies of current high-profile financial institution closures and looming regulation.
We might love to listen to Simpson’s tackle the way forward for Web3 because the business matures and features a broader shopper base past know-how and gaming fans. It is only the start. I’ve little question he could have extra questions between now and September.
Ariana Simpson, common associate of a16z, invests in cryptocurrencies. Earlier than she joined a VC agency, Simpson based Autonomous Companions, an funding fund targeted on cryptocurrencies and digital property. She additionally helped launch her Crystal Towers Capital, an early-stage fund that primarily invests in her Y Combinator firms.
Beforehand, Simpson held gross sales and product roles at Fb and BitGo, an enterprise safety firm for Bitcoin and different digital currencies. She holds a twin diploma in Worldwide Politics and Spanish from Schreier Honors School at Pennsylvania State College.
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