Launch House Raises $12M Series A for New Age Hacker Houses

Launch House Raises M Series A for New Age Hacker Houses
Launch House, a revamped version of the Silicon Valley hacker house, closed a $12 million Series A round led by Andreessen Horowitz (a16z).Other investors in the round included Michael Ovitz, co-founder of Creative Arts Agency, Mike Dudas, investor at 6th Man Ventures and founder of The Block, and Ryan Sean Adams, co-host of crypto podcast Bankless.In a press release on Tuesday, a16z general partner Andrew Chen cited remote work, the rise of Gen Z and trends in startup fundraising as factors propelling Launch House into “the third space for the new distributed Silicon Valley,” alongside long-standing institutions such as universities…