Andreessen Horowitz raises $7.2 billion, a sign that tech startup market may be bouncing back
Publishing timestamp: 2024-04-16 13:25:52
Summary
Andreessen Horowitz raised $7.2 billion for various funds, with a focus on late-stage investments. The tech startup world has seen a lack of significant exits in the past two years. The firm did not announce any further fundraising for its crypto arm. Despite a downturn in the broader market, Andreessen Horowitz remains optimistic and continues to invest in various sectors.
Sentiment: MIXED
Keywords: breaking news: technology, marc andreessen, breaking news, astera labs inc, technology, business news, venture capital, reddit inc,
Source: https://www.cnbc.com/2024/04/16/andreessen-horowitz-raises-7point2-billion-across-five-funds-.html