Andreessen Horowitz
Andreessen and Horowitz launch Andreessen Horowitz, a venture capital firm. The two are well known investors, backing half a dozen startups each year, including social investing site kaChing, virtual worlds company Metaplace, mobile video company Qik, online publishing company Crowdfusion, dating site I’minlikewithyou, search company Blekko and media/technology company EQAL.
Loudcloud launch
Andreessen announces the formation of Loudcloud, a company based in Menlo Park, California, that provides high-performance computing and software services to Internet and e-commerce companies. Loudcloud is later recognized as the first company to conceive of the “cloud” paradigm. Andreessen teams up with several ex-Netscape employees, including Loudcloud’s co-founder and CEO, Ben Horowitz. Andreessen is listed as the company’s co-founder and chairman. According to reports, Loudcloud is privately funded by Andreessen and other employees.