Andreessen Horowitz (a16z) has closed a satellite office in Miami Beach just two years into a five-year lease it signed for an 8,300-square-foot space. The reason? Disuse, reports Bloomberg. Miami — once a hotspot for crypto, an area of interest for a16z — has struggled to retain venture cash and entrepreneurial talent in recent years, […]
Andreessen Horowitz co-founders explain why they’re supporting Trump
Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he’s been a Democrat most of his life. He says he has endorsed and voted for Bill Clinton, Al Gore, John Kerry, Barack Obama and Hillary Clinton. However, he says he’s no longer loyal to the Democratic Party. […]
Marc Andreessen, Sequoia again back Kearny Jackson, this time in $65M Fund III
After securing $ 14 million for its second fund in 2023, early-stage VC firm Kearny Jackson is back with a third fund, this time bringing in $ 65 million in capital commitments, including from a number of first-time institutional funds. The bi-coastal Kearny Jackson invests in B2B SaaS and infrastructure as well as fintech infrastructure, […]
Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz
Hebbia, a startup using generative AI to search large documents and return answers, has raised a nearly $ 100 million series B led by Andreessen Horowitz, according to three people with knowledge of the matter. The round valued the company between $ 700 – $ 800 million although TechCrunch couldn’t verify whether that valuation is […]
Brex’s compliance head has left the fintech startup to join Andreessen Horowitz as a partner
Ali Rathod-Papier has stepped down from her role as global head of compliance at corporate card expense management startup Brex to join venture firm Andreessen Horowitz (a16z) as a partner and compliance officer, TechCrunch has exclusively learned. Rathod-Papier and a16z declined to comment on the move. According to her LinkedIn profile, Rathod-Papier now “oversees a16z’s […]