Marc Andreessen

  • Yawn: How Did Big Tech Companies Turn into Big Boring Banks?

    Yawn: How Did Big Tech Companies Turn into Big Boring Banks?

    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… Read More

  • Andreessen Horowitz Announces Yet Another Growth Fund of $200M

    Andreessen Horowitz Announces Yet Another Growth Fund of $200M

    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… Read More

  • How We All Missed Web 2.0's "Netscape Moment"

    How We All Missed Web 2.0's "Netscape Moment"

    (Editor’s note: This is the third installment in a series about the late stage, secondary investing craze sweeping the venture capital business. For the first two installments go here and here.) 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… Read More

  • Andreessen Horowitz Finally Adds A Fourth General Partner, Scott Weiss

    Andreessen Horowitz Finally Adds A Fourth General Partner, Scott Weiss

    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… Read More

  • ViKi Raises $4.3 Million from VC All-Stars to Translate the World's Video

    ViKi Raises $4.3 Million from VC All-Stars to Translate the World's Video

    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… Read More

  • Andreessen Horowitz Isn't Hedging its Bets with Picplz and Instagram; It Has Picked Picplz

    Andreessen Horowitz Isn't Hedging its Bets with Picplz and Instagram; It Has Picked Picplz

    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… Read More

  • Andreessen Horowitz Raises $650M Fund, Just Shy Of $1B Under Management

    Andreessen Horowitz Raises $650M Fund, Just Shy Of $1B Under Management

    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… Read More

  • Oh Thank God Oracle Has a New Rivalry

    Oh Thank God Oracle Has a New Rivalry

    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… Read More

  • If HP Really Wants To Be Apple, Here's Their Shot. What About Rubinstein?

    If HP Really Wants To Be Apple, Here's Their Shot. What About Rubinstein?

    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… Read More

  • Andreessen Horowitz Celebrates First Year With New General Partner John O'Farrell

    Andreessen Horowitz Celebrates First Year With New General Partner John O'Farrell

    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. The company has also recently hired… Read More