Report: Andreessen Horowitz to Raise Another $1.5 Billion The noted venture-capital firm is reportedly in the process of raising $1.5 billion in its new round of fundraising.

By Geoff Weiss Jan 17, 2014

Opinions expressed by Entrepreneur contributors are their own.

The California-headquartered venture capital firm Andreessen Horowitz -- whose portfolio includes AirBNB, Pinterest, Skype, Twitter and more -- is in the midst of raising a colossal $1.5 billion for its fourth fund in a total of six years, according to a report by Fortune.

In 2012, the company also raised $1.5 billion, comprising $900 million in early-stage investments and a $600 million "parallel fund" for bigger opportunities. The new fund will reportedly include $1 billion in early-stage investments and a $500 million parallel fund.

Sources told Fortune that the fund is already oversubscribed and therefore unlikely to accept new partners.

A spokeswoman for the company declined to comment.

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Most Popular

See all

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

By Amanda Breen

Starting a Business

How Much Capital Does Your Startup Need? Here Are 7 Key Factors to Consider.

Here's what you need to assess when determining the amount of capital your startup needs — and how adequate funding can enhance your chances of success.

By Peter J. Burns III

Collaboration

5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

By Christie Horsman

Growing a Business

Your Company's Legacy is at Stake Without Succession Planning — Do These 8 Things to Secure Your Future.

So much entrepreneurial effort goes into starting and growing a business, yet one of the most overlooked issues is keeping it going beyond the founder. This article delves into eight strategies you can leverage to plan succession for your company.

By Chad Willardson

Leadership

How to Harness the Power of Authentic Storytelling to Become a More Effective and Inspiring Leader

Storytelling enhances business leadership by inspiring a culture of authenticity and trust through sharing relevant personal stories.

By Michel Koopman

Business News

Red Lobster Suddenly Shutters Dozens of Locations Without Warning Employees, Begins Auctioning Off Equipment

It's estimated that nearly 99 locations have been closed across 27 states, and restaurant paraphernalia is up for auction online — including tanks with live lobsters, furniture, ovens, refrigerators, bars, and more.

By Emily Rella