
Andreessen Horowitz just raised over $15 billion.
I’ll let you consider that number for a moment, because while it’s far from unprecedented (or even surprising), it is quite a chunk of change. It’s also a reminder: The firm that first made its name as a VC upstart upon its 2009 founding has become venture capital’s most-talked-about and controversial brand. And I use the term brand intentionally: a16z made its name not only by investing in companies like Skype, Facebook, and Twitter but by intentionally brand-building in a way that was new to venture in the 2010s—and now is de rigueur.