Marc Andreessen
person on 36 shows · 596 statements across 154 episodes · said 1,513 times in 634 episodes since 2015
20VC 306 
the a16z Podcast 270 
TBPN 130 
Sourcery 71 
Acquired 69 
Capital Allocators 69 
All-In 55 
Founders 52 
My First Million 50 
Invest Like the Best 42 
Lenny's Podcast 41 
Founder's Journal 38 
Big Technology 36 
David Senra 33 
American Optimist 29 
Another Podcast 26 
the Y Combinator Startup Podcast 25 
the Knowledge Project 25 
the Startup Ideas Podcast 19 
A Product Market Fit Show 19 
In Depth 14 
the Neon Show 14 
the Official SaaStr Podcast 14 
BG2 Pod 13 
Latent Space 12 
the MAD Podcast 12 
Top Founders 10 
BigDeal 6 
How I Built This 6 
Innovators & Investors 3 
No Priors 3 
Startup Acquisition Stories 2 
Startups For the Rest of Us 1 
WTF is with Nikhil Kamath 1 
Cheeky Pint 
Masters of Scale
On the record as a speaker too: Marc Andreessen across every show, appearances and statements → this page counts the times other people say the name.
Mentions by year, every show
tap a year for its mentions
20VC 306the a16z Podcast 270TBPN 130Sourcery 71Capital Allocators 69Acquired 69All-In 55Founders 5226 more shows
2026 262 mentions in 103 episodes 3 per episode
- Turning Peter Thiel's $100K into $10M Angel Portfolio & Why VCs Can Be Sharks | Josh Browder · 20VC with Harry Stebbings
- a16z, Anish Acharya: Is SaaS Dead? Do Margins Still Matter? Why We Are Not in an AI Bubble? · 20VC with Harry Stebbings
- Michael Ovitz: The Psychology of Power
- Why companies are becoming a series of loops | Anish Acharya (a16z)
- DHH: How to Build a Profitable Company Without Losing Control
- Inside Marc Andreessen & Ben Horowitz’s Multi-Family Office · Sourcery with Molly O'Shea
- Ben Horowitz on Investing in AI: AI Bubbles, Economic Impact, and VC Acceleration
- Building a Company in Stealth | Travis Kalanick with a16z
- 95 more episodes that year, every mention in 2026 →
2025 397 mentions in 143 episodes 3 per episode
- CAA Co-founder Michael Ovitz: Failure Is Not an Option
- Michael Ovitz - Turning Potential Into Prominence · Invest Like The Best
- a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI? · 20VC with Harry Stebbings
- Silicon Valley vs The Vatican, Bryan Johnson’s Shroom Trip | Diet TBPN
- Jack Altman & Martin Casado on the Future of Venture Capital
- Carta CEO Henry Ward on Raising $1B, Path to ~$500M ARR, & the Move into PE · Sourcery with Molly O'Shea
- Mike Maples: Three Frameworks to Evaluate Startups and Founders | E1242 · 20VC with Harry Stebbings
- The Unicorn Founder Who Delegated Everything.
- 135 more episodes that year, every mention in 2025 →
2024 255 mentions in 89 episodes 3 per episode
- Why Software is Eating the World
- Microsoft Volume II: The Complete History and Strategy of the Ballmer Years (Audio) · Acquired
- Zachary Bookman: Why Valuations and Fundraising are BS | E1235 · 20VC with Harry Stebbings
- Kara Swisher Rates Tech Leaders
- Bastian Lehmann: How the Uber Deal Went Down and How a $2.65BN Deal Turned into $5BN | E1137 · 20VC with Harry Stebbings
- Michael Ovitz | All-In Summit 2024
- Inside Facebooks Secret "Red Book" (ep18)
- Elon's Big Week (ep4)
- 81 more episodes that year, every mention in 2024 →
2023 112 mentions in 50 episodes 2 per episode
- The Biography of Jim Clark (Founder of Silicon Graphics, Netscape)
- Nike (Audio) · Acquired
- Silicon Valley's Effective Altruist vs. Accelerationist Religious War
- Vinod Khosla: How AI Impacts Healthcare, Energy, Geo-Politics, Media and Climate Change | E1045 · 20VC with Harry Stebbings
- Sanjit Biswas: Samsara's $18BN Market Cap & $1BN in ARR in 8 Years | E1092 · 20VC with Harry Stebbings
- Lessons from Slack on decision making, product-led growth, and taking big swings | Noah Desai Weiss
- AI Food Fights in the Enterprise with Databricks' Ali Ghodsi
- The Biography of John Malone (Cable Cowboy)
- 42 more episodes that year, every mention in 2023 →
2022 154 mentions in 66 episodes 2 per episode
- The Playbook: Lessons from 200+ Company Stories · Acquired
- Marty Cagan: Product Lessons from Steve Jobs and Elon Musk; Why do we idolize engineers? | 20VC #957 · 20VC with Harry Stebbings
- Betting Big on Web3 with Li Jin
- E92: Adam Neumann's second act, a16z's $350M bet, housing policy, Inflation Reduction Act & more
- David Rosenthal and Ben Gilbert – Acquiring an Industry. Venture is Eating the Investment World 1 (Capital Allocators, EP.229)
- E108: Doxing debate, Nuclear fusion breakthrough, state of the markets & more
- 20VC: Why You Should Think Twice Before Taking Multi-Stage Money at Seed, Why Venture Has Never Been Less Collaborative, How Becoming a Parent Made Me a Better Investor and Why We Should Be Optimistic About the Future of Diversity in Venture with Deena Sh
- How to Engineer Serendipity | Matt Mullenweg, Automattic
- 58 more episodes that year, every mention in 2022 →
2021 86 mentions in 42 episodes 2 per episode
- 3 Patterns for Great Business Ideas with Jack Abraham, Founder, Managing Partner & CEO at Atomic
- Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202)
- Balaji on How to Fix the Media, Cloud Communities & Crypto | MFM #178
- MFM #172 - Advice to Young Entrepreneurs, Indie Businesses Making Millions, & How to Grow a Podcast
- E21: Media misalignment, subjects controlling narratives & more with bestie guestie Draymond Green
- 20VC: a16z's David George on Leading a16z's Growth Fund Today, The Biggest Misconceptions of Growth Investing, How a16z Think Through Portfolio Construction, Investment Decision-Making and Scenario Planning & How The Entrance of New Players Has Changed Th
- Standard Oil Part I · Acquired
- E47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom wins & more
- 34 more episodes that year, every mention in 2021 →
2020 25 mentions in 15 episodes 2 per episode
- #77 Mike Maples: Living in the Future
- What comes next?
- 20VC: Floodgate's Mike Maples on 3 Key Breakthroughs Startups Experience in Success, The Rise of Angel and Operator Funds, Multi-Stage Funds Re-Entering Seed Investing and The Insight Development Framework
- Matthew Granade – Inside Data Science at Point72 (First Meeting, EP.22)
- Healthcare Has Left the Building
- 20VC: Figma Founder, Dylan Field on How Leadership Needs To Evolve with Scale, The Transition from Application to Platform & The Future of Remote Work, Education and Digital Spaces
- Slack, Salesforce and the future of work
- Is content moderation a dead end?
- 7 more episodes that year, every mention in 2020 →
2019 148 mentions in 75 episodes 2 per episode
- a16z Podcast | Build Your Personal Brand
- 20VC: Okta Founder Frederic Kerrest on Why You Want To Be A Monopolist In A Small Market, The Biggest Challenges in Scaling Okta To IPO and Being a16z's First Ever Fund Check
- Making Culture, Making Influence -- Dapper Dan in Silicon Valley
- Scott Kupor - Andreessen Horowitz (First Meeting EP.07)
- 20VC: a16z's Scott Kupor on The Biggest Learnings From Scaling a16z from $300m to $7Bn AUM, The Biggest Mistakes Entrepreneurs Make When Pitching VCs & Why VC Is Simply A Customer Service Business
- 20VC: Superhuman's Rahul Vohra on How To Measure Product Market Fit, How To Construct A Process To Increase It & How To Implement A Strong Feedback and Reporting Cycle To Sustain It
- a16z Podcast | Infrastructure... Is Everything
- HubSpot CEO and Cofounder Brian Halligan with Wufoo Cofounder Kevin Hale · Y Combinator
- 67 more episodes that year, every mention in 2019 →
2018 34 mentions in 18 episodes 2 per episode
- 10 Years Too Early: On a Tech Career, Business, and Investing
- 20VC: Elad Gil's High Growth Handbook on The Commonalities of The Truly Great CEOs, How To Hire The Very Best Execs, Why Cash is A Defensible Moat Today & The Pros and Cons of M&A and IPOs
- 20VC: The Commonalities In The Makings Of Truly Great People, How Silicon Valley Will Become The Home For Crypto and Frontier Tech Once Again & Why Games Are Such A Good Tool To Understand Human Motivation with Daniel Gross, Founder & Pioneer, Head of AI
- Winning Founders & Influencing Everyone: Margit Wennmachers at Startup Grind Europe
- Elad Gil Shares Advice from the High Growth Handbook, a Guide to Scaling Startups · Y Combinator
- Company Building in Crypto: A Conversation between Brian Armstrong and Chris Dixon
- A Conversation with Elad Gil · Y Combinator
- Fundraising Fundamentals By Geoff Ralston · Y Combinator
- 10 more episodes that year, every mention in 2018 →
2017 23 mentions in 18 episodes 1 per episode
- 20VC: a16z's Alex Rampell on The Struggle Between Innovation vs Distribution, When How To Determine Whether An Application is Optimised Through Centralised or Decentralised Networks & Why Most ICOs Today Are Ridiculous
- The Challenges a Repeat Founder Faces - Tikhon Bernstam · Y Combinator
- 20VC: Nuzzel's Jonathan Abrams on Why The Top VCs Do Not Have A PlayBook For Startup Success, Why Most Boards Are Not Successful & Why He Is Bored Of Hearing "I Fell Into VC"
- 755: Want to Invest in BitCoin But Don't Understand It? Listen to This.
- Be Wary of Solving a Small, Rare Problem - Des Traynor of Intercom · Y Combinator
- AI: What's Working, What's Not
- 10 Year Futures (vs. What's Happening Now)
- Where Should Machines Go to Learn? // Auren Hoffman, SafeGraph (FirstMark's Data Driven)
- 10 more episodes that year, every mention in 2017 →
2016 12 mentions in 9 episodes 1 per episode
- 20VC: The Information's Jessica Lessin on The Future For Online Journalism & The Benefits Of A Subscription Based Business Model
- 20VC: Why The Evolution of Digital Media Presents A Multi $Bn Opportunity with Brit Morin, Founder & CEO @ Brit + Co
- 20VC: AngelList's Parker Thompson on How He Evaluates Startup Founders & Why The Move To Series A Is Harder Than Ever?
- 20VC: CEO Whisperer Jerry Colonna on How Investors Mimic Aggressive Behaviour To Cover Insecurity and Why Vulnerability is Key To Success In VC
- EP 455: Exited in 2013, Now Moving From "Job" To Startup CEO Again. How? with Ariel Camus
- 20VC: Investing Lessons From Fred Wilson & Brad Feld and Why Fundraising Is An Art & Not Everyone Can Be An Artist with Howard Lindzon Founder @ Stocktwits & Managing Partner @ Social Leverage
- 20VC: Wealthfront's Adam Nash on What Makes Great CEO's & Why Humans Suck At Investing
- 20VC: The 4 Required Powers For A Startup To Be A $500m Business with "The Most Powerful Woman in Startups", Ann Miura Ko, Co-Founder @ Floodgate
- 1 more episode that year, every mention in 2016 →
2015 8 mentions in 7 episodes 1 per episode
- #5 Chris Dixon: The State of Venture Capital
- 20 VC 083: 500 Startups Week: New Funds, Startup Mentoring and Dave's Masterplan with Marvin Liao, Partner @ 500 Startups
- FF 012: Acquired by Microsoft for $200m with Javier Soltero @ Microsoft
- Jason Calacanis: The World's Greatest Angel Investor
- Emil Eifrem, Neo4j // Graphs Are Eating The World (Hosted by FirstMark Capital)
- 20 VC 021: Gender Equality, Startup Valuations and 'Friend Raising before Fund Raising with Sharon Wienbar
- Chris Wiggins, NY Times // Data Science at The New York Times (Hosted by FirstMark Capital)
- every mention in 2015, scene by scene →
every mention on every show, scene by scene, with the transcript →
The latest 60 statements about Marc Andreessen, every show
Casado: AI compute demand will persist for decades like electricity
“The right analog here is like the steam engine or electricity. In the following way, like, we've introduced this new thing that you can turn to work, and there's some very obvious applications now, but there's probably 3040 years of throwing computer problems.…”
DHH: Marc Andreessen sent a Frankfurt School syllabus during 37signals' 2021 crisis
“And what Margaret also did was he gave me a syllabus for understanding the history of wokeness, going all the way back to the sixties and beyond, that this didn't just come as lightning from a blue sky. This had an institutional grounding that was set in motio…”
Kalanick: Uber's 2017 board battle would differ with Andreessen or Horowitz
“That wouldn't have gone that way if Ben or Mark was on the board.”
Kalanick: Marc Andreessen cut a16z's Uber Series B valuation to $210M
“And he said, look, I know we talked about three 75, but went to the partnership. They don't agree, or they just didn't think it was the right number. We're the best we're going to be able to do is two 10.”
Kalanick: Uber held secret meetings with a16z during Lyft rivalry
“There was also this other thing that would happen, so this is like, 2000, I think this really started in 2014, 15, et cetera, is Emile and I would meet up with Mark and Ben at this, Super undercover restaurant.”
Banister: Marc Andreessen is wrong to tell founders to avoid introspection
“But if you actually become very introspective, and I know Marc Andreessen says, don't do that, but I spend a lot of time being introspective and I would say that he's wrong. And I'd love to have a chat with him about this. You can actually surgically go in and…”
Armstrong: Marc Andreessen mentored me on DC policy and communications
“Marc Andreessen's been an incredible mentor about how to do policy and In DC and comms.”
Andreessen: Agenda-driven legacy media will never reverse or unwind
“Basically since then, my view is that, that sort of second mode of being you know, which is to, the sort of agenda-driven, you know, kind of really took over, which I think, and I think probably will never, never actually unwind.”
Horowitz: Ben Horowitz is a16z CEO, but Marc Andreessen is the brand
“Like, us as a firm, like, technically, I'm really the CEO, but, like, Mark is more the brand, I would say, in terms of he just does way more media than I do. And that works, but it works because it's Andreessen Horowitz, and nobody knows the fucking difference…”
Kantrowitz: AI communication failures will cause political moratoriums and data center blocks
“Like, you're not, the botching of the storytelling on this front, and you know, we talk a lot about comms, so fine, get the criticism, but like, this is gonna have real implications. You're gonna have candidates talking about kill switches, moratoriums, you're…”
Browder: For-profit companies achieve 10x the impact of non-profits
“And Mark convinced me that the biggest organizations are for-profit entities, and you can have 10 times the impact of a for-profit company because the incentives are aligned.”
Josh Browder would pick Marc Andreessen as his sole startup investor
“I think definitely Mark Andreessen.”
Browder: Marc Andreessen is the most curious tech luminary
“I think he is the most curious of the luminaries.”
Andreessen: Federal government headcount reduced by up to 400,000
“The federal government is down. Estimates are as much as 400,000 workers in the federal government since Trump took office the second time.”
Andreessen: Increasing worker marginal productivity expands overall employment
“If you increase marginal productivity of the worker, you don't have a diminishment of human work, you have an expansion of human work.”
Andreessen: Top programmers at portfolio companies are 20x more productive
“At our leading edge companies, estimates are the leading edge programmers are like 20 X more productive than they were a year ago.”
Andreessen: Every major Silicon Valley company is overstaffed
“Every major Silicon Valley company is overstaffed.”
Andreessen: Corporations do not optimize for profitability
“The one thing that is the least true claim in the world is the companies are optimized for profitability, which is 100% not true.”
Andreessen: Coder role will disappear within 10 to 20 years
“I think it's entirely possible that we're sitting here in 10 years, you know, in 20 years or whatever, and like the, you know, the job of coder is gone, but you have this just, you know, extraordinary number of builders running around.”
Andreessen: AI model capabilities will ramp dramatically over next two years
“And we and every other, I think, serious company in the space expects the ramp and capability to be very rapid, you know, at least for the next couple of years. Like, we have, like, I think, line of sight to, for sure, is going to ramp dramatically. The capabi…”
Andreessen: UFO evidence consistently falls apart under close technical scrutiny
“The problem with this space is, you know, generally as you get close to the details, you know, the examples tend to fall apart. And, you know, there's all these, like, the classic examples, like UFO, like what appears to be, like you know, you'll have these th…”
Andreessen: Viral social media outrage cycles last two and a half days
“Each viral social media meme explosion is like a two and a half day panic cycle.”
Andreessen: Political violence in Western society is currently at an all-time low
“The fact that political violence is like an all-time low in Western society is something that people really don't talk about.”
Andreessen: News outlets focused on importance over outrage would fail commercially
“You can imagine a version of the news that's called the importance, and the newspaper is like, here are all the important things that are happening. And nobody would buy it because nobody cares because people want the news. They want the hot thing. They want t…”
Andreessen: Elections turn on the economy and election-day viral meme panics
“Whatever is the thing that we think is the thing that's going to tilt the election today, It's gonna be a hundred social media meme cycles old. Like, nobody's gonna remember anything that's happening right now. The election is gonna turn basically on, like, wh…”
Andreessen: The internet-driven media ecosystem is better than legacy broadcast paradigms
“I have an argument I will make. This notwithstanding all the craziness, this is better, but like this is the nature of the world we live in.”
Andreessen: Youth depression spikes are statistical artifacts driven by government benefits
“And so basically if you get paid or if you get like special dispensation in school for having, you know, psychological issues, all of a sudden you see a massive spike in those psychological issues. The countries that don't have that, the other Western countrie…”
Andreessen: 20th-century centralized media artificially suppressed society's natural state of conflict
“The idea that there's like whatever rhetorical combat or like that there's like this virtual environment in which there's lots of points of view and there's lots of, you know, again, both lots of truths, lots of lies. Like this is not new. In fact, this is the…”
Andreessen: Donald Trump is a hybrid media candidate, not pure internet
“People talk about Trump as the internet candidate, but he's really a hybrid in that he cares enormously about what's on TV and he's on TV a lot.”
Rabois: How Andreessen, Khosla, Weiden, and Lin differ in investment style
“There are technology driven investors. Like I would say Marc Andreessen's probably like something like that. Vinod's a mix. He's both founder driven and a technology driven investor. There are investors who are sort of product slash market driven investors. My…”
Reyna: Tech companies are overstaffed by 25% or more
“You look at what Marc Andreessen was saying the other day, and, like, companies are overstaffed by 25% and even more, right?”
AI hyperscalers are building a commodity tooling layer, not capturing ultimate value
“I think they're creating the tooling layer. That then a lot of us are now using to create real businesses on top of. So I kind of go back to the internet breakthrough and internet revolution and think about, okay, like the browsers, everybody was super excited…”
Andreessen: Neural networks are the proven correct AI architecture
“And like, for example, we now know the neural network is the correct architecture.”
Andreessen: AI will sweep through coding and every other domain
“And so now we know that it's going to sweep through coding and then we know, you know, we know that if it's going to work in coding, it's going to work in everything else, right? It's just that, cause that's like the hardest, in many ways, that's the hardest e…”
Andreessen: Recursive self-improvement and three other AI breakthroughs are actively working
“So the way I think about it is we've had four fundamental breakthroughs in functionality, LLMs, reasoning agents and then and then now RSI and they're all actually working.”
Andreessen: AI hardware supply chain faces chronic shortages for next 3-4 years
“In the next three or four years, it's like somewhere between three or four years out, basically everything is selling out. So like the entire supply chain is, is, is, is sold out or selling out. And so there, there's no, like, we're just gonna have like chroni…”
Andreessen: Modern AI agents are simply LLMs combined with Unix primitives
“So it turns out what we now know is an agent is the following. It's a language model. And then above that, it's a bash. It's a bash shell. So it's a Unix shell. And then the agent has access to the shell and, you know, hopefully in a sandbox, maybe in a sandbo…”
Andreessen: Everyone in the world will use autonomous AI agents
“I have Absolutely no doubt that everybody in the world is gonna have at least, you know, an agent like this, if not an entire family of agents, and we're gonna be living in a world where I think it's almost inevitable now that this is the way people are gonna …”
Andreessen: Autonomous AI agents will inevitably hire humans for tasks
“The agent hiring the people, which of course is going to happen, right? It's obviously going to happen.”
Andreessen: Human readability and inspectability drive system adoption in web and AI
“There's an incredible latent power in giving everybody who uses the system The option to be able to drop down and actually understand and see how it's working. And that worked really well for the web, and I think it's working really well for AI.”
Andreessen: Engineers should unlock latent power in existing systems, not reinvent stacks
“Some of the smartest people in the industry look at any new challenge and they're like, okay, I need to build a new kind of application. So the first thing I need to do is build a new programming language, right? And then the next thing I need to do is build a…”
Andreessen: AI will expose every latent security flaw before fixing them all
“We're about to go through computer security is about to go through the most dramatic change ever, which is number one, like every single latent security bug is about to be exposed. So we're going to have like the, we're set up here for like the computer securi…”
Andreessen: High-quality software will become completely fungible and abundant
“And so this thing that was this incredibly scarce resource of high quality software is just going to become a completely fungible thing that you're just going to have as much as you want.”
Andreessen: Programming languages may not exist as a concept in 10 years
“Like I kind of think in 10 years, like I'm not sure, yeah, like I'm not sure there will even be a salient concept of a programming language in the way that we understand it today.”
Andreessen: AI agents will be the killer app for crypto
“I think this is the grand unification basically of AI and crypto is what's about to happen now. I think AI is the crypto killer app, I think is where, where this is really going to come out.”
Andreessen: AI coding will rewrite legacy firmware that never worked
“AI coding is not just like writing new apps. It's also going in and rewriting all the old stuff that should have worked that never worked.”
Andreessen: Failed founders develop permanent emotional biases against initial startup categories
“The founder version of the mistake is if a founder starts a company in a category and the founder doesn't work, the founder is then emotionally angry at that category for the rest of his life and will not acknowledge when there's something that's going to work…”
Andreessen: Learning from mistakes is uniquely pernicious in venture capital
“In venture, the same thing happens. If you invest in a category, or if you invest in a kind of company or you invest in a kind of founder and it doesn't go well, it's extremely easy to learn from the mistake, right, and to basically say, all right, I touched t…”
Andreessen tests founder IQ by whether they take notes during pitches
“My personal formula is basically the follows, is basically as follows, which is you need high IQ as table stakes. Like, you just need somebody who's, like, incredibly smart. My basic test is if I have my notebook open and they're talking, am I, like, writing o…”
Andreessen: Core founder drive is a primal urge to build, not greed
“But I do think there's a more fundamental ambition, which is, I want to build something. Of my own that really demonstrate. I want to really demonstrate what I can do. And I have a very primal drive to do that. And, you know, it gets kind of, you know, you cas…”
Andreessen: Founder drive is revealed by early DIY projects, not credentials
“And then what I find on that, that one in particular, well, actually number two and three, like you don't necessarily see them on the resume, but like you can generally see them in the background. I think if you spend enough time, you know, with people, you ca…”
Andreessen: Some top founders are born driven, without childhood trauma
“Some of the best founders in history have no trace of trauma in their background that I can tell. And I'll just give you two examples. You know, Zuckerberg is one who, you know, grew up in a classic upper middle class, you know, New Jersey household, very, you…”
Horowitz refused to distribute 'Extreme Ownership' to a16z founders
“I recommended to Ben when that book came out, I fell in love with it and I recommended to Ben. I said, we need to send this to all of our founders and like teach this. And he's like, Mark, you're out of your mind. Like our founders already have the problem whe…”
Marc Andreessen: Second chances are available in tech unless legal issues occur
“I think as long as you're still alive and as long as you've conducted yourself in a way that, you know, you haven't, you know, brought, you know, some sort of really fun, you know, some sort of fundamental, like legal issue on your head or something like that.…”
Andreessen: Upside on $5M seed check equals $500M growth investment
“Because as you know, the upside on the five million dollar check is every bit as big as the upside on a five hundred million dollar growth investment.”
Andreessen: Overfunding is more dangerous to startups than starvation
“More companies die from indigestion than from starvation which is overfunding is actually very dangerous to the operations of a company.”
Andreessen: Track record of convincing founders against overfunding is zero
“My track record of ever convincing any founder on this point, I think is zero, but I will keep trying.”
Andreessen: VCs almost never lead down rounds in other firms' companies
“No new investor wants to do a down round in anybody else's company. If you put the investor hat on and you're like, I'm going to go do a down round in this company, because I'm going to be the hero and save the company or whatever, because it raced too high la…”