Andreessen Horowitz announced that it has raised US$1.5 billion for a fund aimed at investing in technology startups. The new fund is launching just as one of the firm’s well-known bets, Facebook, prepares to go public. Andreessen Horowitz has an unspecified stake in the social network. Indeed, among the many reasons tech investors will be scouring Facebook’s S-1 will be to learn the extent of Andreessen Horowitz’s ownership. The firm, founded by Marc Andreessen and Ben Horowitz, launched to great interest in Silicon Valley in 2009, given its founders’ tech pedigrees.
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Andreessen Horowitz Waters Silicon Valley's Money Tree
Posted by: Erika Morphy February 1, 2012 09:57 AMAndreessen Horowitz announced that it has raised US$1.5 billion for a fund aimed at investing in technology startups. The new fund is launching just as one of the firm’s well-known bets, Facebook, prepares to go public. Andreessen Horowitz has an unspecified stake in the social network. Indeed, among the many reasons tech investors will be scouring Facebook’s S-1 will be to learn the extent of Andreessen Horowitz’s ownership. The firm, founded by Marc Andreessen and Ben Horowitz, launched to great interest in Silicon Valley in 2009, given its founders’ tech pedigrees.