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One of the more surprising things that came out of our all-star panel of consumer software VCs was an admission that Marc Andreessen is starting to invest in a new wave of enterprise software companies. He said he’d just closed one deal he couldn’t disclose, and was expecting to do more.
I [...]
Tue, April 6 2010 » Uncategorized » No Comments
The venture capital valuations for still-have-that-new-car-smell startups like Quora, FourSquare, Blippy are reaching unprecedented levels, and we wanted to find out why. Top VCs Marc Andreessen, Ron Conway and David Hornik came by the TechCrunch offices to debate the issue.
Four month old Blippy is worth around $38 million. Quora, still in private beta, is valued [...]
Sun, April 4 2010 » Uncategorized » No Comments
Sometimes it is obvious where the world is headed, but some people and industries become frozen in place and time. They are like the duckbilled dinosaurs happily munching on the still-abundant plants around them when the meteor strikes instead of the small furry mammals underfoot who take cover every day by natural habit. [...]
Sat, March 13 2010 » Uncategorized » No Comments
Legend has it that when Cortes landed in Mexico in the 1500s, he ordered his men to burn the ships that had brought them there to remove the possibility of doing anything other than going forward into the unknown. Marc Andreessen has the same advice for old media companies: “Burn the boats.”
Yesterday, [...]
Sun, March 7 2010 » Uncategorized » No Comments
If you co-founded the company that became Google AdSense, as Gil Elbaz did with Applied Semantics, you don’t have any problem finding investors when you want to start a new venture. Elbaz sold Applied Semantics to Google for $100 million in 2003, and launched his latest startup, Factual, last October. He doesn’t really [...]
Wed, February 3 2010 » Uncategorized » No Comments
