Why Marc Andreessen Will Stand by Bitcoin in 2015
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....
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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....
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....
In a recent interview with CNET, Netscape founder Marc Andreessen shared his viewpoint on Bitcoin, saying that he wished he invented Bitcoin without hesitation. "When we tried to get investors for Netscape, most of them said 'you're out of your mind," Andreessen said. "This is the thing that's most like that of anything I've seen in the last 20 years." Also read: Coinbase Raises $25 Million From Andreessen Horowitz. According to CNET, Andreessen also said that Bitcoin today is like the Internet was in 1993, when it was slow and difficult to access unless you were a master of computer....
Bloomberg Markets magazine interviewed Marc Andreessen at the firm's headquarters in Menlo Park, the Washington Post reports. Marc Andreessen, co-author of Mosaic web browser and co-founder of Netscape Communications, is one of the persons who invented today's Internet. Since Netscape was bought out by America Online (AOL) in 1999, Andreessen has spent his time making other key innovations and investing in technology ventures at his Silicon Valley venture capital firm Andreessen Horowitz. Andreessen's current interest is upending finance as we know it today, with cryptography, Bitcoin and....
Venture capitalist Marc Andreessen continues to send mixed signals on Bitcoin at a time when it remains unclear how supportive the influential firms he has founded are of the technology.