Venture Capital: Andreessen Horowitz Floats New ‘Perennial’ Venture Capital Fund
Andreessen Horowitz, a renowned venture firm that has invested early in major tech companies like Airbnb (NASDAQ: ABNB) and Coinbase (NASDAQ: COIN), has launched a new fund called a16z Perennial Venture Capital Fund. The firm aims to sustain its growth despite the slowdown in traditional venture capital funding. The evergreen fund will operate from Andreessen Horowitz’s Menlo Park office and has been registered with the U.S. Securities and Exchange Commission.