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…
