Ben Horowitz: “We Like To Invest In College Dropouts With Insane Ideas Going After Tiny Markets With No Way To Monetize”.
January 20, 2013 - 2:40pm
ByTechCrunchAt the DLD conference in Munich today, venture capitalist Ben Horowitz took the stage to discuss why he and his firm Andreessen Horowitz invest in a company and its founders. Last year, he said, Andreessen Horowitz found 2,355 companies that were potentially worth investing in that passed the company’s initial screen. In the end, Andreesen Horowitz only closed 24 deals (excluding seed deals). The companies that made it, he cheekily argued, are those started by “cContinue reading this article »