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For a16z, AI gives foreign founders an advantage

CN
CitrixNews Staff
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For a16z, AI gives foreign founders an advantage

Andreessen Horowitz has made headlines for its American dynamism thesis, but a U.S. passport is no requirement. According to Gabriel Vasquez, a partner focusing on AI apps and the firm’s global investment strategy, “44% of our investments in the Apps Fund One and Two have an international founder.” 

Together with general partner Angela Strange, Vasquez is the driving force behind a16z’s Borderless Founder network, an initiative to support immigrant and international founders. Their premise is that great companies could be born anywhere, but they now believe foreign entrepreneurs actually have an edge over their American peers.

Originally reported by TechCrunch. Read the full story at the original source.