Marc Andreessen, co-founder and general partner of Andreessen Horowitz, delivered a keynote speech at the she++ conference today, sharing what technology is exciting him right now, what he thinks about current startup culture, and how Sheryl Sandberg’s book, Lean In, affected his view of Silicon Valley.
“I like to tell people that I’m beta testing the new Google Contact Lenses,” he… → Read More
If you are reading TechCrunch you probably already realize this fact: Flavor-of-the-month consumer Internet companies have a way of hogging the spotlight. If you didn’t, we conveniently published some evidence of it yesterday.
But that reality predates us by at least a decade. In 1999 when the world talked about Silicon Valley, they usually meant sexy dot coms. In 2005 when people were writing… → Read More
I guess $1 billion under management just wasn’t enough. Andreessen Horowitz has just announced a new growth fund of $200 million. The fund with co-invest alongside the firm’s most recent $650 million fund, providing more capital for the kinds of late stage deals that have been raging in the Valley of late. (Check out our three part series on the trend here, here and here.)
That “co-invest” part… → Read More
On May 26, 2009 Mike sat down with Yuri Milner, Mark Zuckerberg and a Flipcam to talk about the then-scandalous $200 million investment DST made in Facebook, at a price that valued the company at about… → Read More
The firm is keeping the name, but Andreessen Horowitz is officially no longer just the Ben and Marc show. It has added a fourth general partner (the third was John O’Farrell), and astoundingly, he didn’t come from Opsware. The new dealmaker is Scott Weiss, an experienced entrepreneur who may not be a household name, but like Ben Horowitz and Marc Andreessen has serious entrepreneurial chops… → Read More
First it was distribution. Then it was monetization. The next generation of Web entrepreneurs’ make-or-break challenge will be localization and a big part of that is language.
The Web is so powerful today and the valuations are so high, because it is a billion-person-audience and growing. But more of them speak Chinese than English, and critical masses are developing around Spanish, Portuguese… → Read More
It’s a strict rule in the venture business that you don’t fund two direct competitors, for obvious reasons. There’s a massive difference between the valuation of the number one player in the market (think YouTube) and the number two player (think any of the other hundreds of online video companies launched in the mid-2000s). It’s in a venture capitalist’s best interest to make his presence on a… → Read More
Just 15 months after Marc Andreessen and Ben Horowitz officially jumped to the venture capital darkside with the close of a $300 million fund, Andreessen Horowitz is announcing the close of a second $650 million fund. In less than two years, the firm has rocketed up to a whopping $950 million under management, an investment staff of 18 people and a portfolio that includes everything from Skype to… → Read More
I used to cover enterprise software for BusinessWeek. You’re probably not impressed by that, and you shouldn’t be. That beat is a combination of a punishment and proving ground because despite being a huge market, most enterprise software purchases are ones that IT managers grow to hate and one that few everyday readers care much about. One thing has made enterprise software an interesting beat… → Read More
Let me start off by saying that I don’t think this is going to happen. And a number of people I’ve spoken with today don’t think this is going to happen. But it’s something interesting to think about and discuss nonetheless. Following HP CEO Mark Hurd’s resignation today, what if the Board were to appoint former Palm CEO Jon Rubinstein to be their new leader?
Again, it seems a bit far-fetched… → Read More
Andreessen Horowitz celebrates its first birthday with a number of new hires, including its third general partner – John O’Farrell – who joins founding general partners Marc Andreessen and Ben Horowitz. O’Farrell was most recently a vice president at Silver Spring Networks.
We covered the launch of Andreessen Horowitz a year ago here.
Legend has it that when Cortes landed in Mexico in the 1500s, he ordered his men to burn the ships that had brought them there to remove the possibility of doing anything other than going forward into the unknown. Marc Andreessen has the same advice for old media companies: “Burn the boats.”
Yesterday, Andreessen was in New York City and we met up. We got to talking about how media companies… → Read More
I did interviews with most of the TechCrunch50 experts backstage and there was a common gripe about the companies launching there: Not enough passion, not enough swinging for the fences, not enough trying to change the world. There were too many people building safe businesses, too many companies just trying to make existing things slightly better, and too many people wanting to be the next… → Read More
Getting a meeting with Marc Andreessen isn’t easy so I made sure I cornered him and shoved a camera in his face backstage at TechCrunch50 to ask him about his new life as a VC. It’s been seven weeks and one day, and so far, he says he loves it and it’s fun. Of course, as he notes, seven weeks in there’s no expectation that companies will have exited and it’s not enough time for any of them to fail… → Read More
Every social investing site wants to turn the insights of its trading members into financial products that people can actually link to their brokerage accounts. Finding the few brilliant stock pickers in the crowd and then letting everyone else follow their portfolios while taking a cut of the management fees is the business model. KaChing, which is the most popular investing application on… → Read More