Bitcoin and the VC Funds in Silicon Valley Don't Want to Talk to You

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Venture capital firm Andreece and Horowitz is one of the most powerful VC funds in the world. Lately, they've been putting billions of dollars into companies that are finding new fangled ways to apply crypto technology to the internet. What could possibly go wrong?

In the second episode of the latest season of Tech Tonic, FT columnist and host Jemima Kelly tries to understand why an influential Silicon Valley investment firm thinks that Web 3 is a good bet. Will blockchain technology really be the foundation of a new internet era? Is Web 3’s promise to decentralise the internet going to pose a challenge to companies such as Facebook and Twitter? The FT’s innovation editor John Thornhill interviews Chris Dixon, head of Andreessen Horowitz’s crypto fund, and Jemima talks to Molly White, author of the Web3 Is Going Just Great blog.

Presented by Jemima Kelly. Special thanks to John Thornhill. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.

News clips credits: CBC, NBC, CNN.

Read a transcript of this episode on FT.com

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