3 ms·
a16z isn't investing in coins. I don't know if Coinbase was in Crypto Fund I, but it if it was, then I don't think Fund I could have done too bad.
by nemothekid 7y ago
a16z isn't investing in coins. I don't know if Coinbase was in Crypto Fund I, but it if it was, then I don't think Fund I could have done too bad.
- arcticbull 7y agoAre you sure about that? The Winkelvii sure did. Plenty of funds were set up solely to invest in various coins. Why would a16z be any different?
- enginar 7y agoI think they have invested directly in cryptocurrencies (that is why they decided to register as an RIA), along with a range of other bets that include Coinbase, Compound and Anchorage.
- mhluongo 7y agoIt certainly is. They put in quite a bit into Maker and Dfinity, for example.