Crypto investor Katie Haun, after leaving Andreessen Horowitz, has shattered records by raising $1.5 billion. This marks Haun Ventures’ largest debut venture fund to be raised by a solo female founding partner.
Haun says it feels like a lot of pressure but it motivates everyone on the team. She believes Web3 is the new era of the internet and it deserves a new era of investors. Web3 refers to general computing applications built on the blockchain, it’s basically the same technology used by cryptocurrencies such as Bitcoin and Ethereum, etc.
Haun is very optimistic and ambitious about cryptocurrencies and Web3. She says there is a ton of potential in crypto and Web3 equity business models, as well as token (NFTs) business models. Haun feels that one cannot really be a crypto investor without holding tokens.
Andreessen’s former first female general partner said her departure from the venture capital firm was about taking a risk and stepping out of her comfort zone. Haun said it was a dream job and lots of friendships. She intends to collaborate closely with Andreessen Horowitz. It should be noted that a great many employees left the venture capital firm with Haun for her nee fund, The crypto investor outlined that Andreessen Horowitz will be a limited partner in Haun Ventures.
She said it’s not necessary to lead every deal. They want to play well with other crypto investors too. Haun says gone are the days with founders just want capital. Haun Ventures will actively contribute to the projects in which it invests.