[Original]Andreessen Horowitz to establish a fund for VC.Enhancing “Aotagai” for Young Entrepreneurs

Marc Andreessen, co-founder of Andreessen Horowitz, has also invested in various startups and funds as a private investor.

According to multiple sources, Silicon Valley’s most prominent venture capital (VC), Andreessen Horowitz (commonly known as A16z), hasFund of funds specializing in early stage investments(a fund that invests in other funds) is being discussed.

The aim of A16z is to provide funding to solo capitalists (individual venture investors) and emerging funds to encourage access to and support for promising young startups in which they invest.An attempt to be the first to “lock-on” a leading startup with the potential to become big in the futureis.

In recent months, A16z has started pitching money to up-and-coming fund managers at events in San Francisco and Los Angeles, according to three people familiar with the fund’s plans.

In June, he plans to host a networking event with solo capitalists and emerging funds at his office in the heart of San Francisco’s South of Markets district.

A spokesperson for A16z declined to comment when contacted by Insider.

Source: BusinessInsider

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