Bloomberg: General Catalyst plans to raise about $10 billion to compete with a16z
According to Bloomberg, the venture capital firm General Catalyst is discussing a new fundraising plan with investors, aiming for a scale of approximately $10 billion.
Insiders indicate that the funds are intended to be allocated to multiple investment vehicles, including early-stage venture capital funds and growth funds. Negotiations are still in the early stages, and the final fundraising amount may still be adjusted.
General Catalyst has previously invested in several cryptocurrency and blockchain companies. In recent years, the firm has been gradually expanding from a traditional venture capital model to a broader financial platform, increasing its investments in areas such as financial services. If this round of fundraising is completed, General Catalyst's capital strength will be significantly enhanced, and it is expected to compete with a16z, further solidifying its position among large venture capital firms in the United States.
You may also like

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX

What are the chances of a 5X MOONSHOT for HYPE?

Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.

Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…

Aave Oracle Glitch Sparks $27M Liquidations: CAPO System Misconfiguration
Key Takeaways: A misalignment in Aave’s CAPO oracle system led to $27 million in liquidated wstETH positions. The…

Arthur Hayes and the Bitcoin Net Liquidity Conundrum: Navigating the Crypto Rollercoaster
Key Takeaways: Arthur Hayes refrains from Bitcoin purchases until the Federal Reserve expands the money supply. Hayes’s “Net…

Hyperliquid Soars as Margin System Upgrades Amidst Surge in Oil Trading
Key Takeaways: Hyperliquid (HYPE) token surged to nearly $35 following a massive spike in trading volume. The platform’s…

Why the Bitcoin Price Could Soon Hit Bottom
Key Takeaways: Market activity suggests increased profit-taking has pressured Bitcoin prices. Economic theories view Bitcoin bridging traditional and…

11 Best Crypto Wallets for January 2026
Key Takeaways: Cryptocurrency wallets safeguard your digital assets with unparalleled security, a top priority in the wake of…
