Bitcoin Forum

Bitcoin => Press => Topic started by: Ripdon007 on March 24, 2014, 02:47:05 PM



Title: [2014-03-24]Marc Andreessen to Invest ‘Hundreds of Millions’ in Bitcoin Business
Post by: Ripdon007 on March 24, 2014, 02:47:05 PM
https://coinreport.net/marc-andreessen-bitcoin-businesses/


Title: Re: [2014-03-24]Marc Andreessen to Invest ‘Hundreds of Millions’ in Bitcoin Business
Post by: bitbouillion on March 26, 2014, 03:40:21 PM
Quote
The big winners of Facebook’s $2 billion deal to buy Oculus VR, a virtual reality headset maker, include a roster of elite venture capitalists who invested in the company early on.
...
By the end of 2013, Oculus was signing another venture capital deal. Andreessen Horowitz led a $75 million investment round, with participation from the company’s earlier investors. Marc Andreessen and Chris Dixon, two partners at Andreessen Horowitz, joined the start-up’s board.

In that investment round, the company was valued at roughly $250 million, Wired reported at the time.
http://dealbook.nytimes.com/2014/03/25/many-of-oculuss-early-backers-not-part-of-facebook-riches/

Marc Andreessen knows how to make money. He just turned $75 million into $600 million within 3 months.


Title: Re: [2014-03-24]Marc Andreessen to Invest ‘Hundreds of Millions’ in Bitcoin Business
Post by: Ripdon007 on March 26, 2014, 06:06:25 PM
Quote
The big winners of Facebook’s $2 billion deal to buy Oculus VR, a virtual reality headset maker, include a roster of elite venture capitalists who invested in the company early on.
...
By the end of 2013, Oculus was signing another venture capital deal. Andreessen Horowitz led a $75 million investment round, with participation from the company’s earlier investors. Marc Andreessen and Chris Dixon, two partners at Andreessen Horowitz, joined the start-up’s board.

In that investment round, the company was valued at roughly $250 million, Wired reported at the time.
http://dealbook.nytimes.com/2014/03/25/many-of-oculuss-early-backers-not-part-of-facebook-riches/

Marc Andreessen knows how to make money. He just turned $75 million into $600 million within 3 months.


that's for sure, he's a good investor