Andreessen Horowitz raises $1.75B for fifth growth fund
Andreessen Horowitz raised an additional $1.75 billion for its fifth growth fund, bringing total raised for that fund to $8.5 billion.
Venture capital firm Andreessen Horowitz raised an additional $1.75 billion for its fifth growth fund, bringing the total raised for that fund to $8.5 billion.
That mammoth haul comes as the median pre-money valuation of growth-stage venture-backed companies in the U.S. jumped to $620.2 million in…