A16Z Announces $7.2B Milestone Fund for 5 Venture Strategies

Raised $7.2B for venture strategies:

• American Dynamism ($600M)
• Apps ($1B)
• Games ($600M)
• Infrastructure ($1.25B)
• Growth ($3.75B)
• Started with a $300M fund and 2 General Partners in 2009.
• Shift occurred post-2011 with the rise of software-centric businesses.
• Every significant business reimagined as a software company.
• Market expansion into submarkets: American Dynamism, Apps, Bio+Health, Crypto, Games, Growth, and Infrastructure.
• Transitioned from single investors to dedicated teams for each category.
• Deep expertise required in each area.

Read the announcement here.