In one of his famous “tweet storms,” Marc Andreessen from Andreessen Horowitz went to town on burn rates. He was reacting to Bill Gurley’s comments from last week –and Andreessen is worried too. He sees companies overspending, especially on fancy buildings and big staffs that make them look successful, but are just basically paper facades. And Andreessen expects some of these companies –he didn’t name names –to “vaporize.”
Andreessen went on an 18 tweet tear ending with a single word of warning. “Worry.” Here’s a look at the storm. As we published this story, the conversation continued on Twitter.