The target audience for a16z is multi-faceted, primarily focusing on two key segments. Firstly, it targets innovative technology startups and growth-stage companies across various sectors, including but not limited to AI, fintech, biotech, enterprise software, consumer tech, and Web3. These companies are typically past the ideation phase, often having a minimum viable product, initial traction, or a clear path to market, and are now looking to raise significant capital rounds (Seed to Series A, B, and beyond). The founders and executive teams of these companies are the direct recipients of a16z's outreach and investment proposals. Secondly, a16z targets Limited Partners (LPs) – institutional investors and high-net-worth individuals seeking to deploy capital into top-tier venture capital funds. These LPs are attracted by a16z's strong brand, proven track record of successful exits, deep industry expertise, and unique 'operating company' model that provides extensive support to its portfolio companies. The content and thought leadership published by a16z also target a broader audience of technologists, entrepreneurs, industry executives, and policymakers interested in the future of technology and innovation.