Andreessen Horowitz's $750 million bio fund: investment strategy - Business Insider

Andreessen Horowitz's new fund will pursue opportunities in the life sciences and healthcare technology, along with some that go beyond human health.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

At $750 million, the third fund is bigger than the first two combined. All of the funds are focused on companies at the intersection of technology, healthcare and biopharma. The Silicon Valley venture capital firm is best known for its technology investments, including early bets on Facebook, Instagram, Lyft, and Slack, among others.

The initial duo of general partners, Jorge Conde and Vijay Pande, spoke with Business Insider ahead of the third fund's announcement. Here's what they had to say about their investing priorities and what's driving their excitement about biotech.As the funds have grown in size, so have their ambitions. was expecting the convergence of the technology, biopharma and healthcare industries.

The third fund will target life sciences and healthcare technology companies like the first two, Conde said, but it will also consider making investments in companies using biology beyond the healthcare industry. While future generations of these technologies will continue to improve, the fund is also open to exploring new therapeutic platforms and identifying when they can jump from concept to business.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

I saved over $17,000 last year thanks to a 2-part strategy that works - Business InsiderI save for retirement by putting some of my pretax salary into a 401(k) and I save for current goals by making auto-deposits into high-yield savings. “It's worth noting that a big reason why I'm able to save so much is because I have no major debt” Also notes they got a raise to invest more in their 401k... So TLDR: don’t be in debt, get a raise, have a 401k, got it. Millennials
Source: BusinessInsider - 🏆 729. / 51 Read more »

Azimo: London-based tech startup scores $22 million EIB debt for growth - Business InsiderLondon-based fintech Azimo just raised $22 million in venture debt from the European Investment Bank to tackle the $700 billion remittances market What a great achievement. Congratulations to richinw4 and everyone at Azimo. GrowthLife
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 common business mistakes to avoid from self-made millionaires - Business InsiderI studied 177 self-made millionaires for 5 years, and I learned that these are 10 common business mistakes to avoid (via richhabits)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon is testing a marketplace of loans from Goldman Sachs, other banks - Business InsiderLeaked screenshots show Amazon is partnering with Goldman Sachs and other banks to launch a new lending marketplace for sellers As long as it isn’t leaked screenshots of his dick, we’re good. techinsider JeffBezos Great! When are you going to start paying taxes? I have a problem with the 'leaked' part here though. Everybody and everything has the Right to privacy.
Source: BusinessInsider - 🏆 729. / 51 Read more »