I read Ben Horowitz' post about their investment in Instagram that made them a
312x return, turning a $250k investment into $78m
[http://bhorowitz.com/2012/04/22/instagram/]. Most people would regard that as a
shrewd business decision on Andreessen Horowitz' part, but I think it actually
Reading through Ben's post
from which I've extracted the above quote, I found myself nodding in agreement
to most of what he said. The quote above made me stop reading though and I found
myself unsure of whether I actually believed that.
AirBnB just announced a whopping new funding deal worth $112 million.
Sheesh. What do you do with $112 million?
I come from a bootstrapped background and I've never been close to seeing
anything like that kind of money in my own