Andreessen Horowitz creates ‘Perennial’ evergreen fund amid market slowdown

Andreessen Horowitz, the storied venture firm known for being an early investor in some of the biggest tech companies including Airbnb, Coinbase and GitHub, has created a new fund to continue growing its business despite the slowdown in traditional VC funding.
The evergreen fund is titled a16z Perennial Venture Capital Fund, according to a filing made with the Securities and Exchange Commission last week. The filing shows that the fund will operate from Andreessen Horowitz’s Menlo Park office.
Additionally, the venture firm has registered its Perennial Management business with the U.S. r

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