$35 billion VC Andreessen Horowitz has selected London for its first international expansion out of the United States. Its founder cited the UK's “predictable business environment.”
Dixon said the decision was finalized after a “productive dialogue” with the U.K. Prime Minister in addition to “months of constructive conversations” with HM Treasury, UK policymakers, and the Financial Conduct Authority.” He added:
However, Dixon said the firm remains “heavily invested” in the U.S., and will continue to work with policymakers and regulators to push for more regulatory clarity for crypto start ups. In addition to the new office, a16z has also announced its plan to launch a new “Crypto Startup School” program in London in the Spring of 2024.keen on forging a career in Web3.
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