Inside Andreessen Horowitz’s grand plans to scale its venture capital firm into a behemoth and conquer the globe
Eric Newcomerfortune.com
Inside Andreessen Horowitz’s grand plans to scale its venture capital firm into a behemoth and conquer the globe
The inspiration is in Marc Andreessen’s office, where he keeps a picture of John Pierpont Morgan, the Gilded Age financier whose namesake bank is now one of the world’s largest, with nearly $4 trillion in assets.
Eric Newcomer • Inside Andreessen Horowitz’s grand plans to scale its venture capital firm into a behemoth and conquer the globe
In 2009 it bought about 2% of video service Skype for $50 million. Less than two years later, Microsoft acquired Skype for $8.5 billion, netting a16z a threefold return.
Inside Andreessen Horowitz’s grand plans to scale its venture capital firm into a behemoth and conquer the globe
they put 1/6 of the fund into a single company that ended up returning 3x