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I am curious to see how a16z's investment results eventually pan out. I don't believe any of their funds have gone through a full cycle, nor have they experienc
by _pius 10y ago
I am curious to see how a16z's investment results eventually pan out. I don't believe any of their funds have gone through a full cycle, nor have they experienced a down market, so its still too early to declare him a top dawg.
They returned their first fund twice over ... in three years.
http://fortune.com/2012/07/24/nice-ira-andreessen-horowitz-returns-first-fund-twice-over/ http://fortune.com/2012/07/24/nice-ira-andreessen-horowitz-r...
- foobarqux 10y agoI think mostly from the Skype deal, which was once in a lifetime.
- tedmiston 10y ago"This is the power law distribution in practice." http://blakemasters.com/post/21869934240/peter-thiels-cs183-startup-class-7-notes-essay http://blakemasters.com/post/21869934240/peter-thiels-cs183-...
- foobarqux 10y agoNo, the Skype deal was very idiosyncratic: Andreessen was on the eBay board and no-shopped the Skype spinout to himself. That isn't going to happen again.
- nl 10y agoTheir second fund had Nicra ($1.26B), Instagram ($1B) and others. Not sure if the GroupOn and Zynga IPOs were first or second fund. Either way, that fund was a big success.
- foobarqux 10y agoYou may be right, but it's not enough to look at the names; a16z were buying badges at the outset.