Andreessen Horowitz Bags New Fertilizer for Growth-Stage Companies
Venture capital powerhouse Andreessen Horowitz, seeing more opportunities among companies in their high-growth Wonder Years, today announced creation of a $200 million fund for discretionary co-investment in tandem with its $650 million Fund II. One distinguishing feature: because the new cash cache will be piggybacking on work done for Fund II, the firm will charge no management fee.