Buzzfeed got $50m in venture capital. What happens next?

Silicon Valley firm Andreessen Horowitz has more than doubled investments in the meme-tastic site. Can traditional media companies compete?Venture capital funds exist to make risky bets. Theyre intended to be a place where excess cash can find a better return than in a bank or bonds.So how should we take the news that Andreessen Horowitz, set up by two of the figures behind the Netscape browser that web thing which helped put newspapers in the calamitous state theyre mostly in is investing $50m in Buzzfeed, the online publisher? Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-08-11 00:00:00 UTC ]
News tagged with: #andreessen horowitz #online publisher

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