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It's Hard Out There For a Pimp

It's Hard Out There For a Pimp

Andreessen Horowitz Answers Age Old Question: Why on Earth Did You Need Another $1.5 Billion?

Mr. Horowitz

On his blog today, Ben Horowitz, the hip-hop loving half of Andreessen Horowitz, confirmed the news that Dealbook broke last week: The new VC kid on the block did indeed raise $1.5 billion for a third venture fund.

In the post, which begins with an existential epigraph from Outkast about the meaning of life, Mr. Horowitz sets about answering two questions: “Why did such a new venture capital firm raise so much money?” and “How did such a new venture capital firm raise so much money?”

See now, we woulda gone with: “Where are you going to $$$$$pend it???” Read More