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Mr. Andreessen and his partners have invested so much in so many start-ups that it would take a remarkable string of successes to make the approach pay o
by foobarqux 12y ago
Mr. Andreessen and his partners have invested so much
in so many start-ups that it would take a remarkable
string of successes to make the approach pay off. For
all their skill — the firm bought into the likes of
Airbnb, Instagram and Pinterest relatively early — their
track record suggests it’s unlikely. Already, they’ve
suffered a few impressive flameouts, including Fab, on
which they are likely to lose tens of millions of dollars.
- api 12y agoHow do you get the successes without the risk? If that were possible there would be no angel or VC and investment banks would just fund winners according to some formula.
- onewaystreet 12y agoThat's probably a short-sided opinion. There's a lot of companies in a16z'a portfolio that I could see going public or having a big acquisition in the next 5 years: http://a16z.com/portfolio/ http://a16z.com/portfolio/