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Ben Horowitz, founding partner at VC Andreessen Horowitz, explains the preference for investing in founding CEOs.

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What is this?

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What is this?

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What is this?

The Genius annotation is the work of the Genius Editorial project. Our editors and contributors collaborate to create the most interesting and informative explanation of any line of text. It’s also a work in progress, so leave a suggestion if this or any annotation is missing something.

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What is this?

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On October 31st 2008, the programmer(s) known as Satoshi Nakamoto published this paper through a metzdowd.com cryptography mailing list that describes the Bitcoin network, which among others, solves the problem of double-spending in the digital realm.

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Chris Dixon of Andreessen Horowitz explains in a blog post why the firm has invested in Coinbase alongside Union Square Ventures and Ribbit Capital in a $25M Series B Financing Round.

Dixon is the co-founder, and former CEO, of the eBay-acquired Hunch.

http://www.youtube.com/watch?v=gUhRKVIjJtw

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