The Information: a16z's first Web3 fund has partially realized returns, with yields as high as 300%

ChainCatcher message, according to The Information, a16z's first crypto fund, established in 2018 with a size of $300 million, has realized some profits during last year's crypto bull market and has returned to LP three times the original size of the fund. The remainder of the fund has yet to be realized.

However, according to informed sources, theoretically, the fund's returns could reach up to 10 times (although if the current crypto bear market continues to languish, it may shrink the returns). (Source link)