Rare look at startup investors’ performance shows Andreessen Horowitz lags behind Sequoia, Benchmark, Founders Fund.
Andreessen Horowitz’s first three venture funds have nearly doubled their investment capital or better since inception, according to documents reviewed by The Wall Street Journal that provide a rare look at the performance of one of Silicon Valley’s top venture-capital firms. But an analysis of its returns, compared with funds from top rivals and industry averages, shows that Andreessen Horowitz hasn’t yet earned its reputation as an...
http://www.wsj.com/articles/andreessen-horowitzs-returns-trail-venture-capital-elite-1472722381