First Female partner hired by Andreessen Horowitz for Cryptofund
According to an announcement on June 25, Silicon Valley-based venture capital firm Andreessen Horowitz has recruited first female partner named Huan as a general investing partner to manage the company’s newly formed $300 million cryptocurrency
Huan served as a federal prosecutor with the US Department of justice for 10 years. She was also a director on board of coinbase. She has experience in digital asset and cryptocurrency startups. Ben Horowitz, co-founder of Andreessen Horowitz said: Huan allegedly led an investigation into Mt.Gox and went after the corrupt agents on silk road task force
“As I learned more about her career, I was even more impressed. She stood up to murderous motorcycle gangs and cartels, shut down organized crime, nailed RICO murderers, uncovered the largest money laundering and cybercrime rings, and stopped white collar crime and public corruption. Through it all, her prosecutorial record was whatever and 0. She never lost a case. Not once. Not ever.”
Andreessen Horowitz has created a new and upcoming crypto fund, That will invest in a host of companies from blockchain projects to initial coin offering(ICOs), according to Bloomberg. All crypto deals by the firm will be reportedly conducted from this fund. Chris Dixon, a general partner said that the venture capital firm had till date invested about $100 million in digital currency in its last fund
“We’re excited to have a fund focused on this, with the flexibility to let us make the investments we want to make. The inflow of entrepreneurs has dramatically increased over the past year.”
Haun does not have venture capital background, according to news outlet Recode, however, she has made some individual investments in cryptocurrency and educates a digital money course at Stanford. The quantity of ladies engaged with digital money and blockchain is far lower than that of men. Dixon brought up that sexual orientation assorted variety is “unquestionably something that we have to enhance.”
As of late, there have been endeavors to draw in more ladies to the blockchain and advanced money fields. Activities like Mogul’s “Ladies in Crypto” occasions and associations like the Women in Blockchain Foundation have been attempting to get more ladies engaged with the blockchain and crypto space.
As of late, there have been endeavors to draw in more ladies to the blockchain and advanced money fields. Activities like Mogul’s “Ladies in Crypto” occasions and associations like the Women in Blockchain Foundation have been attempting to get more ladies engaged with the blockchain and crypto space.
