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January 31, 2012 11:51 pm GMT
Andreessen Horowitz is definitely killing it these days. The unconventional VC firm founded by Marc Andreessen and Ben Horowitz is less than three years old, but just raised its third fund. The amount raised: $1.5 billion. That puts Andreessen Horowitz in the rarified realm of only a handful of VC firms with funds of that size.And how long did it take to raise all that money? "It took about 3 weeks of actual fundraisng activity," Horowitz tells me. It took longer to do the actual paperworkanother 6 weeks.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KSlI8c_19sw/
Ben Horowitz: It Took About 3 Weeks To Raise Our $1.5 Billion Fund
Andreessen Horowitz is definitely killing it these days. The unconventional VC firm founded by Marc Andreessen and Ben Horowitz is less than three years old, but just raised its third fund. The amount raised: $1.5 billion. That puts Andreessen Horowitz in the rarified realm of only a handful of VC firms with funds of that size.And how long did it take to raise all that money? "It took about 3 weeks of actual fundraisng activity," Horowitz tells me. It took longer to do the actual paperworkanother 6 weeks.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KSlI8c_19sw/
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