The Story Of How Marc Andreessen Told Ben Horowitz ‘F- You’ – And Then They Became Lifelong Partners

The Story Of How Marc Andreessen Told Ben Horowitz ‘F— You’ — And Then They Became Lifelong Partners

NICHOLAS CARLSON TECH  MAR. 11, 2014, 3:42 AM

Back when he was still running Netscape in the 1990s, Marc Andreessen hired an executive named Ben Horowitz.

After Microsoft announced that it would bundle its browser with Windows 95, Andreessen, Horowitz, and another guy named Mike Homer spent months coming up with a counter-move.

The plan, according to Horowitz’s new book: “If they were going to give our products away, then we were going to offer a dirt-cheap, open alternative to the highly expensive and proprietary Microsoft BackOffice product line.”

The launch date for Netscape’s new products would be March 5, 1996.

But then, two weeks before that date, a publication called Computer Reseller News published an interview with Andreessen in which he spilled all the secret plans.

Horowitz was mad. He sent an email to Andreessen that said, “I guess we’re not going to wait until the 5th to launch the strategy.”

Andreessen’s response was nuclear.

“Apparently you do not understand how serious the situation is,” he wrote.

“We are getting killed killed killed out there. Our current product is radically worse than the competition. We’ve had nothing to say for months. As a result, we’ve lost over $3 billion in market capitalization. We are now in danger of losing the entire company and it’s all server product management’s fault.”

“Next time,” Andreessen concluded, “do the f—ing interview yourself.”

He signed off: “F— you, Marc.”

You might imagine that Horowitz responded to that email the way most people would: by quitting Netscape and never working with Andreessen again.

Nope.

In fact, Horowitz would go on to become CEO of Andreessen’s second company, Loudcould, which eventually became Opsware and sold to Hewlett Packard for $1.65 billion.

Now Horowitz and Andreessen are working together again as partners in a venture capital firm. It’s called: Andreessen Horowitz.

We had Horowitz into the office the other day to talk about his new book, The Hard Thing About Hard Things. We asked him how his relationship with Andreessen su rived that email. Watch the clip to hear his answer.

 

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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