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Katie Haun leaves a16z to establish a new encryption investment firm, raising $1 billion.
Katie Haun: The New Queen of the Encryption World
Katie Haun recently announced her departure from Andreessen Horowitz(a16z) to establish her own encryption investment firm. As the first female fund manager at a16z and a former federal prosecutor, Katie Haun plays a significant role in the encryption space.
Haun is raising about $1 billion for her new company. Her new company has already made 7 investments, including the NFT startup Autograph. Haun plans to focus on "verticals" and bring in expert advisors for each area. She aims to build a lean team to seek high-quality projects globally.
During her time at a16z, Haun participated in over 60 encryption investments, including well-known projects like Coinbase and OpenSea. She is regarded as highly talented in discovering excellent founders and closing deals.
Haun stated that the encryption field is facing many challenges, including regulation, but she remains optimistic about the long-term prospects of the industry. She believes that the application scenarios of encryption technology far exceed early expectations.
As one of the few women leading in the field of encryption investment, Haun's new company has attracted widespread attention in the industry. She plans to leverage her expertise and network to stand out in the fiercely competitive encryption investment market.