Saturday, April 11, 2015

The one big advantage of having billion-dollar valuations, according to Marc Andreessen

There’s at least one distinct advantage of startups having a billion dollar-plus valuation, says Marc Andreessen, the famed venture capitalist behind companies like Facebook, Airbnb, and Lyft. “I think where it helps a lot is on recruiting," Andreessen told Fortune's Dan Primack in an interview. To be clear, Andreessen thinks the actual "substance" of the business — not the big number hanging over the company — has to be the deciding factor for talented people. "I don’t think valuations should...-> read more

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