Marc Andreessen, co-founder and partner of Andreessen Horowitz. Andreessen Horowitz this week launched a $300 million crypto specialist fund.REUTERS/Fred Prouser "If you look back a year ago at where we were, it really wasn't on many [venture capitalists'] radars," Michael Jackson, a partner at venture capital firm Mangrove, told Business Insider. "Ethereum hadn't come up, ICOs hadn't started, bitcoin had been Mt Gox'd. There wasn't any mainstream interest aside from bitcoin and I think most of the venture world was agreed that investing in a currency wasn't for venture capital companies."