It was only a year ago that Katie Haun’s name was everywhere. The onetime prosecutor had left Andreessen Horowitz to raise a $1.5 billion venture fund of her own, and both the industry and the media hailed her as the figure needed to bring legitimacy to crypto once and for all. And then she abruptly disappeared. What has she been doing?
Fortune’s Leo Schwartz and Anne Sraders answer that question in an insightful feature that examines what the once-ubiquitous Haun has been up to since FTX’s fateful explosion last November. The answer is that, for the most part, she has been biding her time as she figures out how to play an incredibly difficult hand. A venture fund, of course, is built to invest. And that’s hard to do when the industry your fund is built around is rocked by scandal and political scrutiny, and when the venture capital industry as a whole has been battered by broader market conditions.
