Andressen Horowitz (a16z) Considers Using Crypto to Overthrow Big Tech Companies

Chris Dixon, head of crypto markets at Silicon Valley’s Venture Capital group Andressen Horowitz (a16z), announced that Big Tech companies will use the crypto market to break their absolute dominance over the internet.

Chris Dixon, August 23 on of the Financial Times On his podcast Tech Tonic, he talks about companies that Andressen Horowitz has invested in in the past. Big Tech He claimed that companies monopolized the internet. Dixon to change this situation cryptocurrency in the markets opportunities announced that they were considering the evaluation.

Andressen Horowitz, Twitter and Meta yet before going public Chris Dixon, who stated that he invested in them, that no one knew they were such big monopolies. you don’t think expressed. Dixon’s goals for businesses to grow their profits natural new ventures and Venture Capitals of such a concentrated market. put you in a difficult situation He argued that the balance should be changed.

dixon, in 2018 initiated and total 7.6 billion For the dollar pooled crypto fund, the investments are mostly for companies rather than companies. to tokens and coins He stated that it was a different investment fund.

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