about

a16z crypto is a venture capital fund that invests in crypto startups. We have raised more than $7.6 billion across four funds.

The first era of the modern internet (roughly 1990-2005) was about open protocols that were decentralized and community-governed. Most of the value accrued to the edges of the network: users and builders.  The second era of the internet (roughly 2005-2020) favored siloed, centralized services. Most of the value accrued to a handful of large tech companies.

We are now beginning the third era of the internet — what many call web3 — which combines the decentralized, community-governed ethos of the first era with the advanced, modern functionality of the second era. This will unlock a new wave of creativity and entrepreneurship.

a16z crypto supports our portfolio and the growth of web3 through:

• Our research organization
• Governance and infrastructure
• Engineering and security teams
• Legal and regulatory
• Go-to-market expertise
• Recruiting services
• Educational content