, Columnist
Marc Andreessen Evaluates People, Not Tech
Evaluating people, not technology.
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This week on our Masters in Business radio podcast, we sit down with Marc Andreessen of Andreessen Horowitz,which he describes as a venture capital firm that's in the business of evaluating people, not technology.
Andreessen and his partners sift through 2,000 ideas a year. They review pitches twice a week, winnowing the referrals down to 300. Their challenge is to cut that down to just 30, or about 1.5 percent of the total. The firm has investments in about 500 companies.