Andreessen Horowitz seed investments by sector – ecommerce in front

Yesterday CBInsights published an analysis of Andreessen Horowitz’s investments. From our perspective as ecommerce seed investors the industry split was the most interesting chart because ecommerce was on top.

a16zindustry investment split

The chart above is for all their seed investments since 2010 and is a firm vote for ecommerce, although it would be interesting to see what the trends are within sectors.

The other piece of their analysis that was relevant for Forward Partners is that they are moving away from seed, down from 50% of their investments by number last year to 38% so far this year.