Andreessen Horowitz has raised US $ 300 million. This money wants to put the Investment companies in the crypto-Startups. It wants to help especially in The Blockchain-industry out of its infancy and the crypto currency market through the Winter.
Who switched permanently to the development of the Bitcoin rate, you can sometimes get eye pain. Since the beginning of the year the price of Bitcoin fell by almost 60 percent. Similar applies to Altcoins Ether, Ripple, IOTA & co.: here, Too, the cops droves with the hooves, but not holes so right from the start.
We had referred to this phenomenon in our Goodbye-FUD-number as a crypto-Winter. This currently holds the course to be admitted, a little longer than expected. One is reminded, however, of the basic ideas behind the crypto-currencies and the FUD’s not get carried away, can you survive the depths of Winter. (Useful tips on how to behave in the bear market, our chief analyst, Dr. Philipp Giese here).
A popular way to profit from the bear market and at the same time the Ecosystem forward, is the investment. Similar thinks at the moment, the Investment company Andreessen Horowitz. With a 300 million US Dollar Fund, the company plans to invest the founders Marc Andreessen and Ben Horowitz in crypto Startups.
Kathryn Haun leads Andreesen-Horowitz Fund
Apparently, this is done after careful Consideration. Because: this Fund is the first of its kind in the history of the company. To CNBC were known to want to be patient, but also aggressive action. Furthermore, you described the market situation as a good opportunity to invest.
The management of the new Fund Kathryn Haun, the first female shareholder of the company. Previously, she worked at the U.S. Department of justice in the task force for crypto-currencies – with the necessary Expertise seems to be so in every case. Thus, she didn’t want to just take care of regulatory issues. Rather, and more importantly, you want to push that to the crypto scene leaves the speculation phase and, thus, a (stable) value is based.
Given the occasion, so here once again – to Hear and to read – our Goodbye-FUD-series:
Goodbye FUD #1 – cooling does well
Goodbye FUD #2: ICOs & Scams – learn from mistakes
Goodbye FUD #3 – get Out of the children’s shoes!
Goodbye FUD #4 – The decentralized Blockchain-state
Goodbye FUD #5 – Prof. Dr. Blockchain: Kryptos at the University of
Goodbye FUD #6 – A praise to the crypto winter
Goodbye FUD #7 – Blockchain-Jobs: graduates in hot demand
Goodbye FUD #8 – The eternal scaling debate: solution in sight
Goodbye FUD #9 – Institutional investors: The big money is waiting around the corner
Goodbye FUD #10 – here to stay