Marc Andreessen, the prominent founder of Netscape Communications, and his longtime business partner, Ben Horowitz, are teaming up again — this time to spearhead a new $300 million venture fund, called Andreessen-Horowitz, that will invest in companies of all shapes and sizes — from very early stage businesses that require a few hundred thousand dollars to late-stage companies that might require tens of millions. Marc had announced his intent to start the fund on “The Charlie Rose” show. (Watch the video.)
Marc and Ben have a simple objective for their new fund: use their nimbleness — the fund will have just two general partners — to invest in companies that meet their view of the world. “We are going to focus on products that we understand, which is essentially classic computer technologies,” Andreessen said. We met last week to discuss his new fund; I decided to focus our conversation about the web infrastructure. “There are a lot of changes in the (web and IT) ecosystem,” he said. “lots of interesting opportunities in the (web’s) backend.” Read More about Andreessen: Big Money to Be Made in Web Infrastructure