Home > tips, trends > The quotable Mr. Andreessen: VC in a nutshell

The quotable Mr. Andreessen: VC in a nutshell

The WSJ had an set of interviews based on the WSJ.D Live conference. A bunch of the interviews are interesting, but the quote that caught my eye was from Marc Andreessen:

…basically all of venture capital is an exercise to get to the 15 companies a year that are the unicorns. They are the ones that will get to $100 million in revenue, go public and get to billion-dollar valuations. These companies generate more than 90% of all venture-capital returns

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