Arianna Simpson talks crypto at Disrupt and why a16z bets billions

Investing in crypto is not for the faint of heart. The volatile crypto landscape is littered with the remains of high-profile collapses, like Terraform Labs, Three Arrows Capital and FTX. In May 2022, a16z announced a fourth crypto fund to the tune of $4.5 billion, which brings the total amount of funding it has raised for crypto and web3 alone to more than $7.6 billion.