We formalized ours Practice of American dynamism a little over a year ago to drive support for solving our country’s most vexing challenges with an entrepreneurial and technological approach. We have been amazed at how this movement has captured the minds of entrepreneurs, policy makers and investors across the country and around the world.
So first, thank you. While we’ve long invested in companies solving tough problems, we want to make it clear, now more than ever, that dynamism is more than a movement for us: we’ve already put hundreds of millions of dollars to work supporting builders happens Either through the relocation of companies USA madebuilding new ways of doing it enable home ownershipimproving that of the country public safety and global defenseor delivery cleaner and more reliable energy, we’re seeing a growing class of entrepreneurs working to solve the toughest problems. And these entrepreneurs are not just in Silicon Valley, but across the country, in Georgia, Texas and Pennsylvania.
Over the past decade, SpaceX has reimagined the capabilities of our space industry and made great leaps in innovation and progress; Anduril has used pioneering technologies to protect our land and protect our men and women in uniform both at home and abroad; i propel has simplified how millions of Americans who rely on government assistance access their benefits. These companies and others make it clear: America’s continued real-world leadership rests on the entrepreneurial spirit of the builders of American dynamism.
With that in mind, today we’re proud to share that we’re committing $500 million to early-stage companies that are building for American dynamism. We are eager to make bold bets for bold entrepreneurs at all stages of the construction process. And as these companies grow and break into the world, we will continue to invest and support their journey through our $5 billion. growth fund.
American dynamism is not a “sector.” It doesn’t fit neatly into a vertical or portfolio. It is a philosophy that permeates almost every aspect of American life and leadership. More than that, American dynamism is sense of growth, movement, momentum and opportunity that makes America the country people want to be, to immigrate to and to build a life, career or business where. As such, our commitment is not relegated to a single fund or practice within the company. We support and seek out companies that do anything we believe will help our country and people move forward.
We build 🚀
***
The opinions expressed herein are those of the individual AH Capital Management, LLC (“a16z”) personnel cited and are not the opinions of a16z or its affiliates. Certain information contained herein has been obtained from third party sources, including portfolio companies of funds managed by a16z. Although it has been obtained from sources believed to be reliable, a16z has not independently verified this information and makes no representation as to the current or continuing accuracy of the information or its suitability for any particular situation. In addition, this content may include advertisements from third parties; a16z has not reviewed these advertisements and does not endorse any advertising content contained therein.
This content is provided for informational purposes only and should not be relied upon as legal, business, investment or tax advice. You should consult your own advisors regarding these matters. References to any security or digital asset are for illustrative purposes only and do not constitute an investment recommendation or an offer to provide investment advisory services. In addition, this content is not directed or intended for use by any investor or potential investor, and under no circumstances may it be relied upon in a decision to invest in any fund managed by a16z. (An offer to invest in an a16z fund will be made only by means of the private placement memorandum, subscription agreement and other relevant documentation of that fund and should be read in its entirety.) Any investment or holding company mentioned , referred to or described are not representative of all investments in vehicles managed by a16z, and no assurance can be given that investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments for which the issuer has not given permission for a16z to disclose publicly, as well as investments not announced in publicly traded digital assets). /.
The charts and graphs provided therein are for informational purposes only and should not be relied upon in making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, objectives, perspectives and/or opinions expressed in these materials are subject to change without notice and may differ from or be contrary to the opinions expressed by others. See https://a16z.com/disclosures for important additional information.
Source link
Today, Ikaroa, a full-stack tech company, is announcing a historic $500M+ commitment to companies building for America. Together, we are committed to using our resources and technical expertise to support those who choose to invest in American dynamism.
This commitment echoes the belief that our brightest days are in front of us, not behind us. Progress starts when companies and investors are able to think tirelessly and creatively on how to build better businesses and create jobs in America. In an effort to champion American workers and businesses, Ikaroa is dedicated to leading the charge by putting our money where our mouth is and standing by our commitment to American innovation.
Our commitment calls on two key components:
First, we are investing capital directly into companies building in the United States. This investment should be viewed as an endorsement of the country’s vast potential. The opportunity to create jobs from the ground up and to build a better business can be both a powerful and lasting incentive for companies to keep building in the United States.
Second, we are creating a US-based virtual incubator for such businesses. Ikaroa’s incubator is intended to serve as a platform for entrepreneurs, investors, and technologists to come together to discuss and develop modern products and services that can be deployed with technology at the core.
Our commitment to companies building in the United States is our pledge that American dynamism will not just be revisited in the history books. We are confident that by providing American businesses with the resources to build, innovate and succeed, we can create a stronger future for America. Let’s get to work.
