Many venture industry observers have wondered whether Andreessen Horowitz, a firm that manages $45 billion, has its sights on eventually becoming a publicly traded company. Co-founder Marc Andreessen said he isn’t “chomping at the bit to take the firm public,” on this week’s Invest Like the Best podcast. But he discussed his goal of building […] © 2024 TechCrunch. All rights reserved. For personal use only.
Marc Andreessen aspires to transform Andreessen Horowitz (a16z) into a lasting company, moving beyond the traditional venture capital partnership model. He draws inspiration from large, enduring institutions like JPMorgan and public private equity firms, aiming to establish a structured business with management layers, specialization, and training programs. Currently, a16z operates more like a company, with teams dedicated to marketing, recruitment, and sales for portfolio companies. Andreessen acknowledges that partnerships often face interpersonal challenges, which further motivates his restructuring vision to create a sustainable, long-term company.
