Backing companies reinventing the way we work, play, eat, commute, learn, and socialize

Our Investment Thesis

New technology companies are reinventing the way we work, play, eat, commute, learn, and socialize, and the a16z consumer tech team believes in—and bets on—these companies that are shaping our future. That translates to a deep respect for the entrepreneurial process and an avid interest in new (sometimes crazy-sounding) ideas. We’re intrigued by the next generation of video, audio, communication and social platforms, as well as apps that are fundamentally shaping the consumer experience in real estate and education. And we're global-thinkers inspired by ideas in other parts of the world and the new consumer behaviors that emerge at scale.

From the explosion of multi-player games to the rise of “audio-first” experiences, we recognize those trends that are capturing the zeitgeist, and we want to fuel their growth. And as investors in Airbnb, Instacart, and many others, it's no secret that we're bullish on (if not obsessed with) marketplace companies—with a heavy bias toward businesses with strong network effects. Drawing on years of collective experience building and scaling companies—at Uber, OpenTable, eBay, and many others—we bring deep-seated expertise in how to achieve both a successful business and strong company culture.

Any investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments in vehicles managed by a16z and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. Exits include current and former a16z portfolio companies which have been acquired as well as companies which have undergone an initial public offering or direct public offering of shares. Certain publicly traded companies on this list may still be held in Andreessen Horowitz funds. A list of investments made by funds managed by a16z is available here: https://a16z.com/investments/. Excluded from this list are investments for which the issuer has not provided permission for a16z to disclose publicly as well as unannounced investments in publicly traded digital assets. Further, the list of investments is updated monthly and as such may not reflect most recent a16z investments. Past results of Andreessen Horowitz’s investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results.