Since Marc and I founded Andreessen Horowitz three years ago, we have raised $2.7 billion. That statement begs a few questions. The two most obvious are: Why did such a new venture capital firm raise so much money? How did such a new venture capital firm raise so much money? To get to the answers,…
Visit Site »Twenty-five years ago, I funded my Stanford MBA by becoming a junkie—a spreadsheet junkie, that is. IBM had just acquired a high-flying Silicon Valley technology company called ROLM, and the IBM execs needed data and analysis to manage and track their progress against their business goals. As a young engineer just entering the business world,…
Visit Site »Today I’m delighted to announce that legendary Internet industry CEO and executive Jeff Jordan has joined Andreessen Horowitz as our fifth General Partner. I say “legendary” for two reasons. First, Jeff has run three of the iconic businesses of the Internet revolution. Most recently, Jeff has been CEO and remains an active executive chairman of…
Visit Site »Today I’m delighted to announce that economist and former US Treasury Secretary Larry Summers is joining our team as a part-time Special Advisor. A lot of people already know who Larry is, but here are the highlights of a remarkable career to date: Admitted to MIT at age 16, originally to study physics—clearly our kind of nerd. Became tenured…
Visit Site »This is a guest post by John O’Farrell, General Partner at Andreessen Horowitz Today, we are delighted to announce the creation of a co-investment fund for our Fund II. Andreessen Horowitz now has $1.2 billion under management. We’re fortunate to be working with the best growth companies building the next global franchises—and we have the…
In my career, I have never seen a position in any industry with more varying criteria than General Partner at a venture capital firm. Some firms hire pure investors, some firms hire operators, some Wall Street analysts, some firms hire sales people, some firms hire lawyers, and others hire reporters. Interestingly, many different models have…
Andreessen Horowitz just raised $650,000,000 for our second fund. Through the process, people asked us three questions consistently and I will answer them here. Why raise $650M? Isn’t smaller better? As a matter of core philosophy, we invest in companies not stages. We want to be in business with the best entrepreneurs going after the biggest…