I read Ben Horowitz' post about their investment in Instagram that made them a 312x return, turning a $250k investment into $78m. Most people would regard that as a shrewd business decision on Andreessen Horowitz' part, but I think it actually comes down to money making money. Andreessen Horowitz has
First time here? Start with the hits:
If you're validating your (startup) idea, this is the ultimate method.
Because it's a rollercoaster-like life as an entrepreneur.
Every sale and every relationship with a customer starts with you helping them.
Pressing pause on a startup is the hardest thing I've ever done.
I have often wondered what defines me as an entrepreneur: Is it the fact that I've managed to co-found a genuinely successful and profitable company (WooThemes)? Or the fact that I've tried my hand at quite a few other projects and ideas along the way? Can I be considered successful