04-02-2022 18:08 via artnews.com

Bored Apes Founders in Talks with Andreessen Horowitz for Funding

Yuga Labs, the company behind the mega-successful PFP NFT project, Bored Ape Yacht Club, is currently in talks with Andreessen Horowitz, the major U.S. venture capital firm cofounded by ARTnews Top 200 Collector, Marc Andreessen.
In pursuit of funding, Yuga Labs is reportedly preparing to sell a multimillion dollar stake in the company to the firm, which would value the company at somewhere between $4 billion and $5 billion, according to a report by the Financial Times. The deal has not been fin
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