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Was the NYT headline updated? It currently reads 'How Andreessen Horowitz Bunted on an Instagram Investment'. The piece describes how Andreessen Horowitz inves
by rexf 14y ago
Was the NYT headline updated? It currently reads 'How Andreessen Horowitz Bunted on an Instagram Investment'.
The piece describes how Andreessen Horowitz invested in both Burbn & Picplz. After Burbn pivoted to Instagram, Andreessen Horowitz had to choose between the two - since they competed directly. Andreessen Horowitz chose to go with the company that they put money for photo sharing.
- dkrich 14y agoHa, it must have been, because the URL still says "fumbled."