Something Old, Something New

Although Mark Twain’s statement that “There is no such thing as a new idea” may be an exaggeration, some of the world’s best businesses have been built on leveraging old ideas in a “new and curious combination”.  Some great ideas work spectacularly the first time around, handsomely rewarding the original entrepreneurs.  Others fail or flounder…

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Microsoft Buys Skype

Shortly after we started Andreessen Horowitz in mid-2009, we, along with our partners at Silver Lake Partners and Canada Pension Plan Investment Board, bought majority ownership of Skype from eBay for slightly more than $2B. The investment generated a tremendous amount of controversy for us. Marc and I were known as angel investors, so investing…

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