Image by Getty Images via @daylifeBen Horowitz:
Why Has Andreessen Horowitz Raised $2.7B in 3 Years?
I was just reading this blog post by Ben Horowitz - great blog, by the way - and could not help thinking this guy sounds a lot like
Dave McClure, only at a much larger scale. Dave McClure wants to help build your accounting department.
Investment firms aspire to be incubators. It is not like, here's the money, and now go build. The money is good, heck, it is the primary thing. But then there's the advice, the network.
I mean, look at this, this looks like a
FoxConn report. As in, we cooked 30 tons of rice today and 12 tons of pork.
Image by http://www.flickr.com/photos/joi/2659065551/ via CrunchBaseIn 2011, we hosted over 600 portfolio presentations to corporate customers and partners at our office in Menlo Park. These presentations resulted in more than 3,000 introductions between portfolio companies and prospective Fortune 500/Global 2000 senior executives.
We’ve built relationships with over 4,000 engineers, designers and product managers, and we’ve made more than 1,300 introductions to our portfolio companies, resulting in 130 hires within the portfolio.
We added over 550 executives to our network in 2011 and made more than 300 executive introductions to our portfolio companies.
We’ve had nearly 400 interactions with media on behalf of our portfolio companies.
