Marc Andreessen is co-founder and general partner of venture capital firm Andreessen Horowitz (“a16z”). He is one of the most influential figures in the crypto world, especially when it comes to the investment side. His company, a16z, has been an essential link in supporting technological initiatives for more than ten years. He explains the strategy he adopts to inject capital into digital assets.
Essential criteria
Through his venture capital firm a16z, Marc Andreessen is arguably a leading figure in crypto investing. Recently, he granted an interview with The Lunar Society podcast. In this exchange, he explained his strategy for investing in cryptos. What he is really looking for is not limited to the quality of the project, but to the values of the project leaders. Because, he explains, the quality and the will of the entrepreneurs has a capital character in the process.
“We are looking for really sharp entrepreneurs who have a vision and the determination to pursue the project. We support bold entrepreneurs building the future through technology »did he declare.
This is regardless of the stage of development at which the company is. Thus Marc Andreessen injects money into projects in the seed phase, start-up or at the end of development, provided that the conditions mentioned above are met.
The importance of the existence of a market for crypto projects
Marc Andreessen explained that he is also interested in crypto projects where there is a high potential for economic and technological transformation. Moreover, this aspect, the investor considers it as crucial to deploy an investment and place a product on the market. If these conditions are met, it is then necessary to verify the existence of a market for the project to be eligible for support from a16z.
“There is a reason to exist when there is a market for what they [les entrepreneurs, NDLR] build, but also, when there is an intersection between the product and the market. Of course, there will be a way to make money”he explained.
Finally, Marc Andreessen indicated that the venture capital firm embarks on each crypto investment with the same timetable as in venture investing. “We are going there with a horizon of at least five to ten years, if not a horizon of 15 to 20 years”he specified. As a reminder, the investor is a supporter of the idea that regulation is essential to ensure the future of the industry.
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