TLDR Founders · MISCELLANEOUS

A16Z HAS VENTURE SCOUTS SCATTERED ACROSS EUROPE

techcrunch.com1 min read

Summary from the TLDR Founders newsletter

Andreessen Horowitz (a16z) closed its London crypto office but still employs scouts across Europe to find early-stage startups, such as those at Poolside and 11x. These scouts conduct up to eight deals annually, investing between $10,000 and $25,000 per deal. However, they reportedly can't invest directly in NFTs.