The founding partner of Silicon Valley investment firm Andreessen Horowitz, Ben Horowitz, recently gave a great presentation at the DLD conference in Munich.
Ben explained how Andreessen Horowitz chooses its investments.
Specifically, he laid out what might be described as a "magic formula" for building humongous, world-dominating, dynastic-wealth-creating tech companies.
Here's his presentation...
Ben Horowitz is not just an amazingly successful investor. He is also an entrepreneur. So he has seen this game from both sides...
Andreessen Horowitz looks at 2,400 qualified (pre-screened) investment opportunities a year. It invests in 1 in 100.
Horowitz says that four things are "knowable" about every opportunity: 1) the idea, 2) the entrepreneur, 3) the market, 4) the business model.
See the rest of the story at Business Insider