Venture Capital firm Andreessen Horowitz set to move headquarters to the cloud

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Andreessen Horowitz, a private venture capital firm founded by American entrepreneur and software engineer- Marc Andreessen and American businessman and Author- Ben Horowitz, recently announced moving their firm’s headquarters to the cloud.

This development was announced in a blog post recently written by Andreessen partner- Ben Horowitz which said “Headquarters will be in the cloud”.

The blog post comes after Andreessen Horowitz recently ditched its centralized headquarters and announced new offices in New York, Miami Beach, and Santa Monica. Could this be because most investors have migrated to other hotspots such as Miami, Austin, and Salt lake city?

Ben Horowitz further wrote in the blog, “In our firm’s new operating model, we work primarily virtually but will use our physical presence to develop our culture, help entrepreneurs, and build relationships”

However Andreessen H. has declined to comment beyond the blog post but still let’s wish them luck in moving their headquarters to the cloud, shall we?

*Note to readers: Andreessen Horowitz is a private American venture capital firm that was founded on July 6, 2009.  Andreessen Horowitz is reputed for its investments in both early stage and established growth companies in the mobile, cryptocurrency, education, Social, E-commerce, gaming, and  Enterprise IT ( Security and cloud computing) scene.

Over the years Andreessen Horowitz’s growth has often been regarded as a “super angel” (a name given to its founding partners). In May 2011, Andreessen Horowitz was listed as number 10 on the 2011 Forbes Midas List of Tech’s top investors and as of March 2014, the firm was known to have managed over $4 billion in assets after it had closed its fourth fund at $1.5 billion.

Since its establishment, Andreessen Horowitz has invested in over 156 companies and 66 startups including Twitter, biotech-focused vehicles,  SaaS developer Apptio, Skype, cloud company Okta, Air BnB, Lytro, Stripe, Belly, Tanium, Optimizely, Stack Exchange, On shape, Sigma, Health IQ, Clubhouse, Asimov, Pindrop, Crypto kitties, Dfinity, social video game Roblox, $4 billion valuation in Yuga Labs, and $27 million series A for Rutter amongst others.

In May 2022, Andreessen announced a $4.5 billion investment fund set to focus on cryptocurrency and blockchain technology.

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