Silicon Valley-based investment firm Andreessen Horowitz has hired Katie Haun as its first female general investing associate to run the organization’s recently framed $300 million cryptocurrency fund, according to a declaration published June 25.
Haun, who is also an executive on the board of Coinbase, filled in as a federal prosecutor with the U.S. Bureau of Justice for a long time, where she concentrated on digital assets and cryptocurrency businesses. She supposedly led a research concerning Mt. Gox and brought down the dishonest agents on the Silk task team. Co-founder of Andreessen Horowitz Ben Horowitz stated that
“As I adapted more about her profession, I was much more inspired. She faced lethal bike packs and cartels, close down sorted out wrongdoing, nailed RICO killers, revealed the biggest illegal tax avoidance and cybercrime rings, and ceased clerical wrongdoing and open defilement. Through everything, her prosecutorial record was whatever and 0. She never lost a case. Not once. Not ever.”
As indicated by Bloomberg, Andreessen Horowitz has created another crypto fund, that will invest in various companies from blockchain activities to initial coin offerings (ICOs). All crypto bargains by the firm will be apparently led from this account. The funding firm had just put about $100 million in digital currency in its last fund. Chris Dixon, a general associate at the reserve, stated:
“We’re excited to have a fund focused on this, with the flexibility to let us make the investments we want to make. The inflow of entrepreneurs has dramatically increased over the past year.”
Haun does not have much experience when it comes to venture capital, according to news outlet Recode, however, she has made some personal investments and gives classes on cryptocurrency courses at Stanford. The number of ladies engaged with cryptocurrency and blockchain is far lower than that of men. Dixon brought up that sexual diversity is “definitely something that we need to improve on.”
As of late, there have been attempts to draw in more ladies to the blockchain and cryptocurrency fields. Activities like Mogul’s “Women in Crypto” occasions and associations like the Women in Blockchain Foundation have been trying to get more ladies engaged with the blockchain and crypto space.