This week, the Wall Street Journal published a brief interview with Andreessen Horowitz Partner Scott Weiss in which he seemed to indicate that the firm is moving away from Series A investments in consumer startups. He also compared many consumer companies to "fruit fly experiments." It was unclear what Weiss meant by this, but A16Z founder Marc Andreessen jumped into this Hacker News thread over the topic to clarify the firm's stance on Series A investments.
Marc Andreessen: Series A Investments Are Still The Bread And Butter Of A16Z
TechCrunch - 12 Oct 2013 01:30
This week, the Wall Street Journal published a brief interview with Andreessen Horowitz Partner Scott Weiss in which he seemed to indicate that the firm is moving away from Series A investments in consumer startups. He also compared many consumer companies to "fruit fly experiments." It was unclear what Weiss meant by this, but A16Z founder Marc Andreessen jumped into this Hacker News thread over the topic to clarify the firm's stance on Series A investments.
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