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Andreessen Horowitz is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. The company's headquarters is in Menlo Park, California.
In September 2009 the firm invested $50 million for 2 percent of Skype stock. The investment was largely seen as risky because many believed Skype would be crippled by intellectual property litigation (initiated by Skype’s founders) as well as direct competitive attacks from Google and Apple.[ “When we bought the company from eBay, many thought that Skype, like so many acquired technology companies, had lost its technical talent,” Horowitz told The Wall Street Journal. “Through our research, we found that Skype had a core group of engineers who were completely dedicated to the mission. They stayed through the eBay acquisition and were hugely determined to make Skype the communications company of the future.” The gambit paid off when Skype sold to Microsoft in May 2011 for $8.5 billion.
Source: Wikipedia
In September 2009 the firm invested $50 million for 2 percent of Skype stock. The investment was largely seen as risky because many believed Skype would be crippled by intellectual property litigation (initiated by Skype’s founders) as well as direct competitive attacks from Google and Apple.[ “When we bought the company from eBay, many thought that Skype, like so many acquired technology companies, had lost its technical talent,” Horowitz told The Wall Street Journal. “Through our research, we found that Skype had a core group of engineers who were completely dedicated to the mission. They stayed through the eBay acquisition and were hugely determined to make Skype the communications company of the future.” The gambit paid off when Skype sold to Microsoft in May 2011 for $8.5 billion.
Source: Wikipedia