Analysis of crypto funds - a16z

a16z (Andreessen Horowitz) is a well-known tier-1 fund founded by Marc Andreessen and Ben Horowitz in July 2009, at an early stage they invested in Facebook, Github, Twitter, Skype, etc.

Marc Andreessen previously had experience working at the National Center for Supercomputing Applications, and with his partner Eric Byna released the NSCA Mosaic browser.

• Number of investment projects: 169
• Retail ROI: 625.81x (62.481%)

Investment directions:
• 16.67%: Data Service
• 16.67%: Developer Tools
• 16.67%: Social Network
• 16.67%: Wallets
• 11.11%: Base Ecosystem

The average round size ranges from $3 to $10 million, with the last major investment being in Farcaster for $150 million.

Fat drops with investments from a16z:
• Optimism: ~$4000
• Goldfinch: ~$2000
• Sui: ~1500$
• Aptos: ~1500-4000$
• dYdX: ~8000-1000$
• Uniswap: ~$2500

Upcoming, potential drops:
• PartyDAO
• Farcaster
•Espresso
•Gensyn
•Towns
•Morpho
•Aleo