Venture firm Andreessen Horowitz’s new $2.2 billion cryptocurrency fund has given the venture firm the ammo to pursue more and bigger deals. But it’s got far more competition for crypto equity deals than it did a year ago.
“There’s a lot of investor excitement in crypto and a lot of investors who haven’t been specializing in crypto,” said Katie Haun, the former federal prosecutor who now co-leads the firm’s crypto arm, in an interview for The Information’s Women in Tech, Media and Finance Summit. “The competition for equity deals in crypto has really intensified.”
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