Marc Andreessen Explains Why 2014 Will be the Year of Bitcoin
Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, has praised the virtues of bitcoin, in an essay published by The New York Times. In the piece, entitled "Why Bitcoin Matters", Andreessen outlines what drew him to bitcoin and raises some interesting points, along with new questions. Andreessen's company is heavily invested in bitcoin startups, so it is understandable that he offers a very positive perspective. He argues that technologists (or nerds) are transfixed by bitcoin, as they see enormous potential in digital currencies. He concludes that popular products and....
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Bitcoin investor Marc Andreessen has said that he stands by Bitcoin. His statements comes in the wake of the poor start that Bitcoin has had in the opening hours and days of 2015. He shared his thoughts with the world via 26 Twitter messages in which he held court on the various arguments that have been made about Bitcoin's poor showing and volatility. Also read: Marc Andreessen: Bitcoin Will Work in a Spectacular Way. Andreessen to Critics: Use a Bigger Window. He began his string of tweets by tearing into Bitcoin critics who have used the volatility of the cryptocurrency to assert that....
Andreessen Horowitz Plans to Put "Hundreds of Millions of Additional Dollars" Into Bitcoin Start-Ups
Marc Andreessen Flickr/Joi Ito. Some interesting information coming from a Wall Street Journal report (paywall) surrounding venture-capital firm Andreessen Horowitz and co-founder/partner Marc Andreessen (co-founder of Netscape Communications). The report, which makes note of the fact that Andreessen Horowitz has made investments of about $50 million in bitcoin-related products and services is planning to invest "hundreds of millions of additional dollars over the next few years." "I'm completely unfazed and plan to invest more," said Marc Andreessen on the topic to WSJ. Andreessen first....
Just recently Andreessen Horowitz has raised a whopping 1.5 billion dollars to invest in the next big technological breakthroughs. This injection of capital into Andreessen Horowitz could mean big things for Bitcoin-related and distributed ledger technology startups and projects. Andreessen Horowitz Loves Bitcoin. Andreessen Horowitz is one of the....
Apple Pay is the next big thing that's "freaking out" financial services companies right now, but, in the long term, bitcoin will prove to be the real innovation, Marc Andreessen has said. Andreessen was participating in a fireside chat with Bloomberg West anchor and Studio 1.0 host Emily Chang yesterday in San Francisco on the final day of Salesforce's annual cloud computing conference, Dreamforce 2014. This week marks 20 years since Andreessen created Netscape Navigator. He now sits at the helm of venture capital firm Andreessen Horowitz. With the Netscape anniversary in mind, Andreessen....
Marc Andreessen helped start the Internet revolution when he co-wrote early web browser Mosaic and co-founded Netscape. Now he views bitcoin as the next technological revolution on the scale of the Internet. Andreessen Horowitz, the venture capital firm Andreessen runs with longtime collaborator Ben Horowitz, has invested about $50m in Coinbase and other bitcoin companies, and Andreessen recently vowed to invest hundreds of millions more in the space. Balaji S. Srinivasan is a general partner at Andreessen Horowitz and is a vocal bitcoin proponent. Srinivasan co-founded Counsyl, a genetic....