Posts tagged with Marc Andreessen

Silicon Valley

The real reason investors are backing adolescent CEOs

When you think of Silicon Valley, you're probably more likely to think of young entrepreneurs risking it all on ideas that can change the world.

That image of a Silicon Valley driven by young, ambitious individuals is, of course, only partly true. There's plenty of gray hair in Silicon Valley, particularly on Sand Hill Road and in the hallways of some of the Valley's most profitable companies, like Oracle, Cisco and HP.

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Is 'free' finally falling out of favor?

Back in 2008, online social networking startup Ning couldn't give away free, hosted social networks fast enough.

The company, which was co-founded by Marc Andreessen of Netscape fame, reportedly estimated that by New Year's Eve 2010, it would host approximately 4m social networks. Social networks which would produce billions of daily page views for the startup. Ning's projected trajectory excited investors so much that they invested more than $100m in the company.

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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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