Internet Pioneer Marc Andreessen Sends Mixed Bitcoin Signals in New Interview

Internet Pioneer Marc Andreessen Sends Mixed Bitcoin Signals in New Interview

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.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.In a new interview with Bloomberg Tuesday, Andreessen, co-founder of the venture capitalist firm Andreessen Horowitz, discussed the work of Bitcoin inventor Satoshi Nakamoto, calling it “one of the most amazing things I’ve....


Related News

Andreessen at CoinSummit: Bitcoin Today is the Internet in 1994

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....

Netscape Founder Wishes He Invented Bitcoin

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....

Marc Andreessen: Bitcoin Will Work in a Spectacular Way

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....

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 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....