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Fortune
Fortune
Eric Newcomer, Jessica Mathews

Andreessen Horowitz conquered venture capital without breaking a sweat. Gobbling up the rest of the world won’t be so easy

(Credit: Illustration by Aleksandar Savić; Reference photos by Bryce Duffy; Stephen Lam—Reuters)

During the first week of November, Marc Andreessen and Ben Horowitz, two of the most recognizable names in venture capital, put on a show for their firm’s backers—an audience of gold-plated endowments, sovereign wealth funds, and pension plans.

The three-day affair was held virtually on Hopin, an online platform funded by the VC firm, and paired with in-person dinners for more than 100 guests in New York City and at the posh San Francisco sushi restaurant Pabu Izakaya.

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