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Article: Marc Andreessen and Ben Horowitz Launch New Venture Capital Firm.
- Article from:
- Investment Weekly News
- Article date:
- July 25, 2009
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Marc Andreessen and Ben Horowitz announced the formation and launch of venture capital firm, Andreessen Horowitz, and its first fund at $300 million. The firm draws on Andreessen's and Horowitz's extensive experience as successful engineers and company builders to create a new, modern venture capital firm designed to support the needs of today's entrepreneurs. Andreessen Horowitz will fund technology start-ups with investments ranging from $50,000 and $50 million, working with the strongest entrepreneurs with the smartest ideas.
"Innovation is thriving despite the current economic climate," said Andreessen. "Ben and I are huge supporters of entrepreneurs and want ...