A16z Frontier Broadens The Pitch For Crypto As Investors Look Across Technologies

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Andreessen Horowitz is expanding its crypto team’s investment brief. Chris Dixon’s October 22 announcement renames a16z Crypto as a16z Frontier, with the new fund able to pursue a wider range of emerging technologies while continuing crypto investment. TL;DR A broader mandate changes the set of businesses considered for funding. Using a blockchain does not determine a company’s customers or revenue model. Commercial demand remains the test for products combining AI and crypto. The business model becomes more useful than the sector label The announcement is a change in investment scope. It does not establish how much of future spending will reach any particular technology. For a founder, the practical question is which problem a prospective investor understands. A payments company using stablecoins may need distribution, banking access and regulatory expertise.
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