Silicon Valley investor Ronny Conway is raising his third early-stage endeavor fund, reveals a brand freshSEC submittingthat states the fund’s blueprint is $140 million and that the first sale has but to happen.

The now six-three hundred and sixty five days-outdated college firm,A.Capital, specializes in each user and endeavor tech, and has workplaces in Menlo Park and San Francisco.

Amongst the many imprint-name companies in its portfolio are Coinbase, Airbnb,Pinterest,and Reddit. (You may perhaps presumably earn its completely different investmentsright here.)

Conway led the seed-stage program of Andreessen Horowitz (a16z) for roughly four years in its earliest days and left in 2013 to lift his debut fund, which closed with$51 millionin capital commitments. He also raised two, smaller parallel funds at the time.

Per SEC filings, he sought out $140 million for his 2nd fund, even though he by no system announced its end.

A.Capital is as of late inch by Conway, at the side of Fashioned Associate Ramu Arunachalam (also previously of a16z) and Kartik Talwar, who labored previously with Conway’s brother, Topher, and his famed father, Ron, at their separate endeavor firm,SV Angel.

Conway maintains a much lower profile than his father in explicit, who at some stage in his endeavor profession has nurtured relationships now not only with founders but with tech reporters and local politicians.

Though now used historical previous in Silicon Valley years, Ronny Conway turn out to be as soon as credited with introducing Andreessen Horowitz to Instagram at some stage in its earliest days.

Conway, a aged Googler, met Instagram cofounder Kevin Machine in the several years when he, too, labored for the hunt large, beginning in 2006. It grew to turn out to be out to be a highly priceless introduction, even though it may perhaps presumably well also include been even lucrative for a16z.

Though the firm made a seed-stage wager on the what turn out to be as soon as then a much simpler cell photo-sharing app, a16z by no system followed up with but every other test on account of funding in but every other photo-sharing startup that will presumably well in the crash flounder (PicPlz).

It turn out to be as soon as a soft field at the time for a16z, with some noting its missed opportunity. Essentially, Ben Horowitz later felt compelled towrite in a weblog postthat Andreessen Horowitz made $78 million from its $250,000 seed funding in Instagram when Fb obtained it$1 billionin 2012.