Andreessen Horowitz gets approached by ~11 start-ups a day
Nice little profile of Marc Andreessen (and the VC industry at large) in the New Yorker this week. Some interesting titbits:
- Andreessen Horowitz’s code name is a16z. Funny.
- Each year ~3000 startups approach a16z. Wow. That’s ~11 approaches a day. They fund ~15 a year.
- There are ~800 VC firms in the US. (Compare this to the ~300k “angels” that the Economist reports.)