For US venture capital (VC) firms based on the west coast, even New York is a different planet. Sand Hill Road firms—the San Francisco location of most Silicon Valley-based VCs—has traditionally unashamedly invested locally, routinely shunning startups based anywhere else in America let alone the world.

But times are changing. Nearly 13,000 km away in Singapore, blue-chip Silicon Valley stalwart Andreessen Horowitz (A16z) is actively hiring for an office in Southeast Asia, according to two Singapore-based VCs with knowledge of the efforts. (A16z is co-created by Marc Andreessen, a founder of dotcom darling Netscape, which has over US$16 billion in assets under management.) Both VCs requested anonymity as they did not wish to be seen discussing other firms in public.

AUTHOR

Jon Russell

Jon Russell is Southeast Asia editor for The Ken based in Bangkok. Originally from the UK, Jon moved to Thailand in 2008. He’s passionate about telling thoughtful business stories, and tracking the impact of the internet in his adopted home of Southeast Asia.

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