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Ben Horowitz

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Articles

Why Are We Here? Why Did We Raise $15B?

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By Ben Horowitz
| a16z
At Andreessen Horowitz, we just raised over $15B. With these new funds including American Dynamism ($1.176B), Apps ($1.7B), Bio + Health ($700M), Infrastructure ($1.7B), Growth ($6.75B), and other venture strategies ($3B), we raised over 18% of all venture capital dollars allocated in the United States in 2025. Why did we raise the money and how do we plan to invest it? At a16z, we believe that the best thing that a society can do for a person is to give them a chance.
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Raghu Raghuram | Andreessen Horowitz

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By Ben Horowitz
| a16z
Nearly 30 years ago, I hired Raghu Raghuram to be a product manager at Netscape. While I do not remember much from those days, I keenly remember how smart he was. He was also eager to learn absolutely everything. The problem for me was that he was so smart that I did not have much to teach him about the products or technology, so I narrowed our conversations to leadership. As with everything else, he was eager to learn and quickly became the top product manager in the organization.
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Lead Bullets | Andreessen Horowitz

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By Ben Horowitz
| a16z
Yet our best trained, best educated, best equipped, best prepared troops refuse to fight. As a matter of fact, it’s safe to say that they would rather switch than fight. —Public Enemy (sampled from Thomas Todd), Fight the Power Early in my tenure as product manager for the web servers at Netscape, we faced a terrible crisis. We just got our hands on Microsoft’s new web server, Internet Information Server (IIS), and benchmarked against our product.
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