RATE Group | Andreessen Horowitz boosts its crypto bet with ‘start-up school’
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Andreessen Horowitz boosts its crypto bet with ‘start-up school’

Andreessen Horowitz boosts its crypto bet with ‘start-up school’

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Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019.

Kate Munsch | Reuters

Bitcoin’s buzz may have faded but Andreessen Horowitz is still betting on cryptocurrency and its underlying technology.

The Silicon Valley venture capital firm is launching a school to coach entrepreneurs on building blockchain and cryptocurrency companies, Andreessen Horowitz announced Friday. The firm, founded by Ben Horowitz and Marc Andreesseen, has been one of the most active mainstream investors in the space with a dedicated $350 million fund launched last year. It’s also a founding member of the Libra Association — the controversial cryptocurrency project spearheaded by Facebook.

While bitcoin is still the most popular use case for blockchain technology, general partner and co-head of the crypto fund Chris Dixon said he sees value beyond digital money. Of the technologies he has come across, Dixon “strongly…

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