buzzfeed | @pmarca Says

Andreessen Horowitz Invests $50 Million In BuzzFeed

August 11, 2014 / Jeffro / No Comments

Tonight I’m tickled pink to be able to talk about our new investment in BuzzFeed! My partner @cdixon discusses our new investment in BuzzFeed here.

We think of BuzzFeed as a technology company. They embrace Internet culture. Everything is first optimized for mobile and social. BuzzFeed has technology at its core. Its 100+ person tech team has created world-class systems. Engineers are first class citizens.

On top of its technology core, BuzzFeed’s reporting team is now routinely committing breathtaking investigative journalism.Here are a few examples.

@maxseddon at the Malaysian airlines crash site in Ukraine.
@itsjina‘s amazing story of Rwandan women flexing their political muscles.
@jlfeder on how Vladimir Putin uses anti-gay policies as a geopolitical strategy.
@AramRoston on how the US covertly arms its proxies around the world.

We think the opportunity in front of @peretti, @BuzzFeedBen, @zefrank, and their colleagues is effectively unbounded. We are very excited to work with everyone at BuzzFeed to help them realize their dreams of a profoundly important new media institution.

@pmarca @peretti @BuzzFeedBen @zefrank @cdixon Congrats!!

— Michael Heyward (@michaelheywire) August 11, 2014

@Halley @zefrank Disagree on Buzzfeed, agree on Ze :-).

— Marc Andreessen (@pmarca) August 11, 2014

@pmarca you and your team are smart to have invested in buzzfeed. Tech and content in one package makes for a great product

— Anthony Batt (@djabatt) August 11, 2014

Source Tweets: 1,2,3,4,5,6,7,8,9,10,11,12