Marc
Strategic Concepts & Mechanics
Primary Evidence
"While other venture firms seek out executive talent for their clients, Andreessen Horowitz goes further. It develops ties with the Valley’s best software engineers, designers, and product managers, helping them with introductions and career counseling. At times it connects these engineers and managers to one of its portfolio companies, but often there’s no direct payoff. It does the same for top Valley executives, much as CAA negotiated employment contracts for studio executives. Andreessen Horowitz aims to forge long-term relationships that might eventually prove helpful at a future start-up, or as part of future deal flow. And Marc and Ben’s thesis has worked brilliantly. They have rapidly established themselves as one of the nation’s top five venture firms, with prescient investments in Facebook, Skype, Stripe, Airbnb, GitHub, Instacart, Lyft, and Pinterest, among many others. As Marc told the New York Times, “We’ll wire up talent first with the goal of knowing and building relationships with all the best people. It’s more like a Hollywood talent agency.”"
"Marc’s 1989 sketch of the Pocket Crystal in his big red notebook. On the next page he wrote, “This is a very personal object. It must be beautiful. It must offer the kind of personal satisfaction that a fine piece of jewelry brings. It will have a perceived value even when it’s not being used. It should offer the comfort of a touchstone, the tactile satisfaction of a seashell, the enchantment of a crystal.”"
"The situation was grim and it seemed that the only thing that could save Tetra Pak was to borrow more capital. It was Ruben who in March 1971 was tasked with going to Stockholm and talking to his friends in the Wallenberg family to try to get new credits from Enskilda Banken. But once in Stockholm, he was immediately disappointed. His old friend Marcus did not even receive him. He believed that as chairman of the board, he should not interfere in the daily management of the bank. Ruben had to settle for “just” meeting the bank’s CEO, Marcus’s oldest son, Marc. Ruben took it as a personal insult that he did not get to meet the head of the finance family. It was as if they treated him like just any zero and not the great industrialist Ruben Rausing. He was no less offended that Marc refused to lend him the ten million kronor that the company needed."