Andreessen Horowitz, the venture capital firm behind Facebook, Twitter and Coinbase, is planning to raise another $6.5 billion across two new funds, according to a report from The Wall Street Journal. The firm, which raised a record $2.2 billion for crytocurrency investments just four months ago, is expected to divide the capital across a late-stage fund and a fund focused on younger startups,...
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Meta Rehires Partnerships Executive After Vowing to Shrink Management

Meta Platforms CEO Mark Zuckerberg’ effort to cut back on middle managers isn’t stopping the company hiring more middle managers. Meta has re-hired a veteran manager, Nick Grudin, to oversee its relationships with media companies and other creators, just seven months after Grudin quit to join Dapper Labs, an NFT startup. Grudin will resume his old job, reporting to his previous boss...
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