InterestingAndreessen Horowitz raised $9 billion in new capital for its venture capital, growth, and biotech-focused funds. More than half of the new capital is sitting in a growth fund targeting mature startups. The Silicon Valley-based venture capital firm says it plans to continue to invest across the entire spectrum of startup growth stages. The new infusion of cash brings Andreessen’s total assets under management to more than $28 billion. Source: WSJ
https://a16z.com/2022/01/07/9b-to-build-the-future/?mod=djemCIO
https://future.a16z.com/technology-saves-the-world/
Only 15 months ago — March 13, 2020 — COVID-19 became a national emergency in the United States. My assumption at the time was that COVID lockdowns could extend as long as five years, the previous speed record for modern vaccine development, with many millions of deaths — a generational cataclysm.
Take away: The five year assumptions is interesting because even if vaccine development did not take as long, variant can potentially take us there (certainly hope not but a possibility..)