Marc Andreessen Is A Tech Blog Master
If there’s a tech blog A-list, I’d have to say Marc Andreessen is in the A+ list; at least for now.
He writes an awesome tech blog at Pmarca.com with tales of how to run a startup that most of us tech watchers can only dream of.
Now he’s sold his company Opsware for $1.60 billion to HP. I had never heard of Opsware but I do remember its previous incarnation, Loudcloud “back in the day.” His blog post is worth reading if only for the ride is describes.
Loudcloud took off like a rocketship, raised $350 million in equity and debt financing, went public in March 2001, and was rapidly nearing $100 million in annual recurring managed services revenue when the entire market blew up and virtually all of our competitors and peers went bankrupt.
In September 2002, we did a complete restart as a public company — we sold our managed services business to EDS and turned Loudcloud into Opsware, a software company based on the core intellectual property developed at Loudcloud. Over the next five years, we executed on our original vision — automation of large-scale modern datacenters and computer systems.
It’s not often you open up your feed reader to see the headline “I sold my company for $1.6 billion” coming from a blogger. But that’s because Andreessen is a serial entrepeneur who happens to write a blog.
So where is that sock puppet and is he coming back, too?
Additional Reading: Mathew Ingram, New York Times, WebProNews
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