Billionaires Andreessen And Horowitz Are Betting On Pro-AI Politicians Who Could Boost Their Massive Fortunes

InJanuary, the Silicon Valley venture capital firm Andreessen Horowitz announced it had raised $15 billion in new funds. It was a monster fundraising haul that boosted the 17-year-old firm’s assets to more than $90 billion, nearly double the amount it held in 2024. It also marked an opportunity for the firm’s co-founders, Marc Andreessen and Ben Horowitz, to telegraph their lofty ambitions for how to remake the country—and the world.

“As the American leader in venture capital, the fate of new technology in the United States rests partly on our shoulders,” Horowitz wrote in a

blog post

announcing the fundraise. “Our mission is ensuring that America wins the next 100 years of technology. That starts with winning the key architectures of the future—AI and crypto.”

Forgive him if he sounds a bit boastful. After all, America may win the next century but his firm is already one of the winningest tech investors of the past year and decade. It first invested in OpenAI in April 2023 when it was worth $29 billion; the AI giant’s valuation hit $852 billion in March and is expected to go public next year with a valuation north of $1 trillion. SpaceX, which Andreessen Horowitz first backed in 2023, went public in June at a $1.8 trillion valuation, a 13-fold return—two months before acquiring AI coding startup Cursor, another Andreessen Horowitz portfolio company, for $60 billion, a 150x return. The firm’s also a key investor in software startup Databricks, which closed a funding round in August that valued the company at $190 billion, up from $47 million when it first invested.

Better known as a16z, the firm has since raised another $5 billion through August, a collective haul that represents nearly 20% of all venture capital funds raised in the U.S. so far in 2026, per PitchBook. It’s now far and away the largest venture capital firm in the country, with more than $106 billion in assets under management as of March. (See table).

Forbes in 2012George Soros

($102 million), Susquehanna founder

Jeff YassElizabeth

and

Richard Uihlein

($150 million) and

Elon Musk