Chainfeeds Summary:
Cryptocurrency KOL andrew.moh discusses a16z's investment dynamics in 2023, analyzing its 28 investment projects and token performance, revealing why following this top VC's investment strategy may be a wise move.
Source:
https://www.panewslab.com/zh/articledetails/2f5410vs.html
Author:
andrew.moh
Viewpoint:
andrew.moh: According to CryptoRank statistics, a16z has invested in 184 crypto projects. They have led 106 projects, with 55% of the investment size between $3 million and $10 million. Their favorite co-investment institution is Coinbase Ventures (32 co-investments). Investment return rate (Retail ROI): 508.81x (+50,781%). 2021 and 2023 were their active investment years: they completed 128 investments, leading 84. With the changing crypto market situation in 2023, a16z's investment activities have decreased significantly. On September 24th, they made a strong comeback with 11 investment activities. Overall, a16z has participated in various rounds of investment. However, like most other crypto venture capital firms, seed rounds, Series A, and pre-seed investments still dominate, with 35% of investments in seed rounds and 25% in Series A. They have been involved in projects from the early stages, providing unwavering support from the startup phase. From a16z's investment portfolio, it can be seen that L1 is one of their favorite areas. Although AI and RWA are the two hottest topics in 2024, they seem to be less interested in these. Their diversified portfolio includes LSD, gaming, and infrastructure. In 2024, a16z invested in 28 projects: 6 gaming projects; 4 blockchain infrastructure projects; 9 blockchain service projects; and 9 other projects, including EigenLayer, Story Protocol, Morpho Labs, Farcaster, and more.
Source
