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Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz; Rich Paul, CEO and founder of Klutch Sports Group; and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the … Read more

Marc Andreessen blasts elite colleges over DEI policies in leaked messages

Venture capitalist Marc Andreessen hit out at elite U.S. universities for allegedly discriminating against children of conservative Trump voters. The leaked comments from a private WhatsApp group chat that included several Trump administration officials indicate a broader backlash among wealthy elites against many of the institutions where they got their degrees. Ivy League graduate and … Read more

Marc Andreessen reportedly told group chat that universities will ‘pay the price’ for DEI

Venture capitalist Marc Andreessen sharply criticized universities including Stanford and MIT, along with the National Science Foundation, in a group chat with AI scientists and Trump administration officials, according to screenshots viewed by the Washington Post. According to the Post, Andreessen described MIT and Stanford (which I attended two decades ago) as “mainly political operations … Read more

No, Andreessen Horowitz didn’t post that crypto scam tweet

For some tense minutes on Wednesday, X users were surprised to see one of those crypto “airdrop” posts on Andreessen Horowitz’s blue check-marked account. A second tweet said that $5 million had already been given away. That account has 851,000 followers. A member of a16z’s crypto team saw the tweet and immediately posted a warning … Read more

Andreessen Horowitz leads $25 million bet on Miden, a former Meta engineer’s privacy blockchain

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more

AI-Powered DeFi platform Glider raises $4m, led by Andreessen Horowitz

Crypto traders are increasingly looking for self-custodial platforms that are easy to use. Glider wants to fill that niche. DeFi platforms are lagging behind their CEX counterparts, largely due to a lack of user-friendly features. For this reason, Andreessen Horowitz led a $4 million funding round for Glider, a self-custodial DeFi platform for crypto trading. … Read more

Andreessen Horowitz in talks to help buy out TikTok’s Chinese owners

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US venture capital giant Andreessen Horowitz is in talks to invest in social media platform TikTok as part of an effort led by Donald Trump to wrest control of the popular video app from its … Read more

Andreessen Horowitz is trying to nab a piece of TikTok with Oracle, report says

The venture capital firm is reportedly in talks to invest in TikTok as part of a bid led by Oracle and other American investors looking to buy out TikTok from ByteDance, according to the Financial Times.  TikTok is once again slated to be banned in the U.S. on April 5 unless its Chinese-based owner sells … Read more

Marc Andreessen dreams of making a16z a lasting company, beyond partnerships

Many venture industry observers have wondered whether Andreessen Horowitz, a firm that manages $45 billion, has its sights on eventually becoming a publicly traded company. Co-founder Marc Andreessen said he isn’t “chomping at the bit to take the firm public,” on this week’s Invest Like the Best podcast. But he discussed his goal of building … Read more

Andreessen Horowitz just hired Daniel Penny, the ex-Marine who was acquitted after choking a man to death on a New York City subway

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more

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