The Venture Firm That Ate Silicon Valley Just Raised Another $15 Billion
In a blog post published Friday morning, Ben Horowitz writes that "as the American leader in Venture Capital, the fate of new technology in the United States rests partly on our shoulders." It's the kind of statement certain to cause agita at rival firms.
The venture firm in question is Andreessen Horowitz, a behemoth of Silicon Valley venture capital. The firm has been on a tear, raising massive funds to invest in the latest and greatest startups. And now, they're at it again.
According to a report from TechCrunch, Andreessen Horowitz has just raised another $15 billion in funding. This brings their total war chest to a staggering $30 billion. That's a lot of money to throw around.
But what does this mean for the future of Silicon Valley? Horowitz's statement suggests that the fate of new technology in the US rests partly on the shoulders of venture capital firms like Andreessen Horowitz. This is a bold claim, and one that raises questions about the role of venture capital in shaping the tech industry.
As the American leader in Venture Capital, Andreessen Horowitz has a significant impact on the startups they invest in. They've backed some of the biggest names in tech, including Uber, Airbnb, and Slack. And with their massive war chest, they're well-positioned to make even more investments in the future.
But what about the risks? With so much money at stake, there's always a chance that some of these investments won't pay off. And if they don't, it could have serious consequences for the entire tech industry.
Despite these risks, Horowitz remains optimistic about the future of Silicon Valley. In his blog post, he writes that "the future of technology is bright, and we're excited to be a part of it." It's clear that Andreessen Horowitz is committed to investing in the latest and greatest startups, and they're willing to put their money where their mouth is.
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[1] The venture firm that ate Silicon Valley just raised another $15 billion