Posts tagged with Andreessen Horowitz

Venture capital sucks, until you're offered $100m

If you visit Silicon Valley or New York today, evidence of the latest internet boom is evident wherever you go. The venture capital is flowing and startups are partying like it's 1999.

Is a bust right around the corner? Only time will tell, but for more than a few startups, all of the investor money is a distraction best avoided.

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Pinterest joins the billion dollar club with $100m funding from Rakuten

A million dollars isn't cool. You know what's cool? A billion dollars.

The words made famous by the movie that dramatized Facebook's beginnings may soon be passé in Silicon Valley, as investors clamouring to get in on funding rounds for the hottest tech startups seem increasingly willing to put their cash in at billion-dollar valuations.

Crazy? Perhaps, but Facebook's $1bn Instagram acquisition shows that big valuations don't exclude companies from the startup lottery, at least for the time being.

The latest entrant to the billion dollar club will be Pinterest, thanks to a $100m funding round led by Rakuten. The funding round puts a $1.5bn valuation on Pinterest. 

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Does the world need a social web browser?

Move over Internet Explorer, Firefox, Safari and Chrome. If a new browser startup backed by Netscape co-founder Mark Andreessen's VC firm, Andreessen Horowitz, has its way, consumers will soon be surfing the internet in a far more social way.

RockMelt, which is launching in beta, is "challenging the conventional assumption that a browser is all about navigating pages."

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Netscape founder launches new VC firm

If you're an entrepreneur looking for VC funding, times have been better. The dour economy has caused many VCs to tighten the financing spigots and raise their standards.

But that's only part of the story. The truth is that venture capital, like so many industries, is undergoing some major changes. Marc Andreessen, a veteran entrepreneur who is most widely recognized for helping create the Mosaic web browser and founding Netscape, is hoping his entrepreneurial prowess that has served him so well in creating startups can give him a leg up in the world of funding them.

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