Balaji Srinivasan, a general partner at Andreessen Horowitz, will be working full-time at bitcoin startup 21 Inc, which he co-founded. Srinivasan made the announcement in a blog post on the venture firm’s site. However, Srinivasan will remain part-time as a board partner at Andreessen Horowitz where he says he will continue to lead new investments, build the firm’s software team and help entrepreneurs. According to Crunchbase, 21 has just raised $116 million in funding. Investors in that round included Andreessen Horowitz, Peter Thiel, Qualcomm Ventures, Data Collective and Khosla Ventures. In December 2013, Marc Andressen announced on the firm’s site that Srinivasan was joining the firm. To read the post about Srinivasan working full-time at 21, visit here.