Web Infrastructure is the Entry Ticket for Andreessen's New Fund

Post by jacquesm » Mon, Jul 06, 2009, 7:02 AM UTC

Post by packetloss » Mon, Jul 06, 2009, 7:40 AM UTC

jacquesm wrote: post #2

Apparently the lower limit on investments is only 50K, they're going to have to install a revolving door to be able to handle the number of people pitching. 300M / 50K = 6000 investments in the absolute worst case (or best case, depending on how you view it), let's assume they do one in 10 (which would be quite high) that's 60K pitches!!

Post by jacquesm » Mon, Jul 06, 2009, 7:47 AM UTC

afrombie wrote: post #5

packetloss wrote: post #4

Earlier quoted context omitted.

You're not taking into account the amount they reserve for follow-up investments after their initial seed investment.

Exactly. They could easily reserve over 50% of the fund for follow-up.