Follow the smart money and find out!
👉Deep dive post based on investment data @a16zcrypto — the largest cryptocurrency venture fund.
What will we learn about a16z?
1. Why a16z?
2. Briefcase
3. Number of investments
4. Amount of investment
5. Rounds
6. Sectors
7. Disclaimer
1. Why a16z
🔥Marc Andreessen and Ben Horowitz are some of the most successful entrepreneurs and investors.
💸By investing in companies like Airbnb, GitHub, Skype, Stripe and Twitter, they were successful even before cryptocurrency was a reality.
IN a16z crypto employs over 100 people, including famous people like Tim Roughgarden, and they are probably the best cryptocurrency venture investors.💪
2. Portfolio
Here is part of their portfolio. Here are high quality products!
Alchemy
Aptos
Axie Infinity
Aztec
Coinbase
DyDx
Lido
MakerDAO
Nansen
NEAR Protocol
Oasis Labs
opensea
Uniswap
(If you know all of the above projects, you passed the test ✅)
3. Number of investments
A) good rising trend in the amount of investment over time📈
b) Record amount of investments in 2021
c) Last year more investment as a leader (this trend is expected to continue)⚡
D) Invest in both bull and bear markets! 🙌
4. Amount of investment
A) In 2022 for the first time the amount of investment as a lead investor exceeded the investment as a non-lead investor.🚀
b) The amount of investment in 2022 (bear market) was much higher than in 2020, which indicates a16z's high confidence in the cryptocurrency.
📊Please note that the investment amounts shown are the sum of all rounds (including all other investors combined). The exact amount invested by a16z is unknown, but i guess it is probably between 30% and 60% from the specified amount.
5. Rounds
In general, a16z took part in all kinds of rounds. However, like most other cryptocurrency venture funds, the most common rounds remain the seed, series A and series B.
If we look at investment beyond 2021, we see a similar picture. Basically, these are seed rounds.
💥The median seed round with a16z investment is $$6.6 million.
6. Sectors
👉 Less and less less investment in CeFi
👉 Lots of investment L1 from 2018 to 2021
👉 Big investments in game projects in 2021 (not in 2022)
👉 New investments in L2 and ZK projects in 2022
👉 Regular investments in infrastructure projects
7. Disclaimer
1. Copying venture capital investments is risky. They have a long-term horizon, a specific action plan and prices 10 times cheaper. There is no financial advice here.🙅♂
2. All analyzes in this thread based on Defillama datawhich may be inaccurate or incomplete. 🤷♂
👉Some other accounts worth keeping an eye on to get the alpha:
@DAdvisoor
@DeFi_Cheetah
@DeFi_Made_Here
@DeFiMinty
@Dynamo_Patrick
@Chinchillah_
@crypto_condom
@CryptoKaduna
@Crypto_McKenna
@CryptoShiro_
@LouisCooper_
@pseudotheos
@rektdiomedes
@thedefiedge
@0xminion
@TheDeFISaint
@DefiIgnas
@milesdeutscher
@OlimpioCrypto
@TheDeFinvestor
@thehiddenmaze
@Slappjakke
@ThorHartvigsen
@ViktorDefi
@WinterSoldierxz
Translation author thread : Inna
