Andreessen Horowitz is the most powerful and respected venture capital firm in Silicon Valley right now.
If they want in on a deal, they get in on a deal.
Anyway, full credit to Marc, Ben, and their partners for taking advantage of their prestige and expertise.
AH announced a new $1.5 billion fund-raise today, bringing their total over the past three years to a whopping $2.7 billion.
At that size, the firm less a huge venture capital firm and more of a private equity firm.
If AH is worth all its hype, that much money should easily return $10+ billion to AH’s limited partners over the next 10 years.