Ben Horowitz revails some of his investment strategies during his lecture at UC Berkeleys College of Engineering’s Center for Entrepreneurship.
What Ben Horowitz is looking at investments:
- The size of the opportunity – you need to get 30% to 40% of the market to meaningfull and to make money in technology.
- The quality of the team – is the team good enough to build a great product that is ten-times better and take the market.
- A bad market always beat a good team.
What Ben Horowitz likes to have in his investments:
- Megalomaniacs
- Outliers
- Shifts in technology or markets
- Market sectors that are dead – big market, a winner, bad product; this is a opportunity
- Entrepreneurs that tilt towards big markets and not a niche
- Hard core technical team
- Products then teams rather than vice versa
What Ben Horowitz believes to be the biggest challenges for entrepreneurs:
- Being both entrepreneur and inventor
- Finding product/market fit
- Managing their own psychology
Learn how business works directly from groundbreaking entrepreneurs and business leaders. This episode features Ben Horowitz, co-founder of Andreessen Horowitz, a $300 million venture fund aimed at investing in new entrepreneurs, products, and companies in the technology industry. Presented by UC Berkeleys College of Engineering’s Center for Entrepreneurship. Series: Distinguished Innovator Lectures [4/2010] [Business] [Show ID: 17365]
