VC firm Andreessen Horowitz charges top-tier fees without delivering top-tier performance

September 01, 2016

September 1, 2016

Investors Marc Andreessen and Ben Horowitz, founders of their eponymous venture capital firm, have achieved cult status in Silicon Valley, where their tweet-storms and bon mots make headlines. But a new report from the Wall Street Journal suggests that their veneration as technology prophets is only partially deserved: Despite charging premium fees, Andreessen Horowitz’s three funds to date have yet to consistently deliver best-in-class results. 

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Source: Fast Company