Ben Horowitz Explained

Ben Horowitz
Birth Name:Benjamin Abraham Horowitz
Birth Date:13 June 1966
Birth Place:London, England
Nationality:American
Education:Columbia University (BA)
University of California, Los Angeles (MS)
Occupation:Co-founder of Opsware and Andreessen Horowitz
Father:David Horowitz

Benjamin Abraham Horowitz (born June 13, 1966) is an American businessman, investor, blogger, and author. He is a technology entrepreneur and co-founder of the venture capital firm Andreessen Horowitz along with Marc Andreessen. He previously co-founded and served as president and chief executive officer of the enterprise software company Opsware, which Hewlett-Packard acquired in 2007. Horowitz is the author of The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers, a book about startups,[1] [2] and What You Do Is Who You Are: How to Create Your Business Culture.[3]

Early life

Benjamin Abraham Horowitz[4] was born in London, England and raised in Berkeley, California, the son of Elissa Krauthamer and conservative writer and policy advocate David Horowitz. Horowitz's great-grandparents were Jewish immigrants from the Russian Empire who arrived in the U.S. in the mid-19th and early 20th centuries.

Horowitz earned a BA in from Columbia University in 1988 and an MS from UCLA in 1990, both in computer science.[5] [6]

Career

Horowitz began his career as an engineer at Silicon Graphics in 1990.[5] In 1995, he joined Marc Andreessen at Netscape as a product manager.[7] From 1997 to 1998, Horowitz was vice president for the Directory and Security Product Line at Netscape.[5] After Netscape was acquired by AOL in 1998, Horowitz served as Vice President of AOL's eCommerce Division.[8]

In September 1999, Horowitz cofounded Loudcloud with Andreessen, Tim Howes, and In Sik Rhee. Loudcloud offered infrastructure and application hosting services to enterprise and Internet customers such as Ford Motor Company, Nike, Inc., Gannett Company, News Corporation, the United States Army and other large organizations. Horowitz took Loudcloud public on March 9, 2001.[9]

In June 2002, Horowitz began a transformation of Loudcloud into Opsware, an enterprise software company.[10] He took the first step by selling Loudcloud's core managed services business to Electronic Data Systems for $63.5 million in cash.[11] This transaction transferred 100% of Loudcloud's revenue to EDS while the company was publicly traded on NASDAQ. Beginning with EDS as its first enterprise software customer, Horowitz grew Opsware to hundreds of enterprise customers, over $100 million in annual revenue, and 550 employees. In July 2007, Horowitz sold Opsware to Hewlett-Packard for $1.6 billion in cash.[12]

Horowitz was Loudcloud's and Opsware's President and Chief Executive Officer for the entire history of the company. Along the way, shares of Opsware IPO'ed at $6, sank to $0.35 per share at its nadir and traded at $14.25 a share at the time of its sale to HP.

Following the sale of Opsware to Hewlett-Packard, Horowitz then spent one year at Hewlett-Packard as Vice President and General Manager in HP Software[13] with responsibility for 3,000 employees and $2.8 billion in annual revenue.

Andreessen Horowitz

On July 6, 2009, Horowitz and Andreessen launched Andreessen Horowitz,[14] to invest in and advise both early-stage startups and more established growth companies in high technology. Andreessen Horowitz began with an initial capitalization of $300 million[15] and within three years had $2.7 billion under management across three funds.[16]

Personal life

Horowitz lives in Las Vegas with his wife, Felicia Wiley Horowitz.[17] [18] [19] They married in 1988 and have three children.[20]

In July 2024, Horowitz announced he will donate to Super PACs that support Donald Trump's presidential campaign.[21]

External links

Notes and References

  1. News: Swisher. Kara. Kara Swisher. Ben Horowitz Book, "The Hard Thing About Hard Things," Debuts in March. February 18, 2014. Re/Code. January 14, 2014.
  2. In Horowitz's Silicon Valley Tell-All, a Woman's Place Is Strictly Hypothetical. David Goldman. Bloomberg Businessweek. March 12, 2014. https://web.archive.org/web/20140314145031/http://www.businessweek.com/articles/2014-03-12/ben-horowitzs-new-book-women-are-markedly-absent. March 14, 2014. 21 August 2018. live.
  3. Web site: What You Do Is Who You Are. 2019-09-26. Andreessen Horowitz. en-US. 2020-01-23. January 27, 2020. https://web.archive.org/web/20200127093142/https://a16z.com/book/whatyoudo/. dead.
  4. Web site: Scholarship funds. Columbia College Bulletin 2014–2015. 2014. 59. Columbia University. February 4, 2017.
  5. Web site: Executive Profile: Benjamin A. Horowitz . Bloomberg LLP. February 4, 2017.
  6. Web site: Fall 2014. The Hard Thing About Hard Things. live. https://web.archive.org/web/20160916115306/https://www.college.columbia.edu/cct/archive/fall14/columbia_forum . September 16, 2016 . January 3, 2021. Columbia College Today.
  7. Web site: Horowitz, Ben . Fall 2014 . The Hard Thing About Hard Things . February 4, 2017 . Columbia College Today . Columbia University . February 5, 2017 . https://web.archive.org/web/20170205183053/https://www.college.columbia.edu/cct/archive/fall14/columbia_forum . dead .
  8. Book: Kidder, David. The Startup Playbook: Secrets of the Fastest-Growing Startups from Their Founding Entrepreneurs. 2013. San Francisco. Chronicle Books. 978-1452105048. 185.
  9. Web site: Technology News. CNET.
  10. Web site: Wright. Rob. 2002-09-13. Goodbye Loudcloud, Hello Opsware. 2020-11-06. CRN.
  11. Web site: EDS to Acquire Loudcloud Hosting Business. https://archive.today/20130120015319/http://www.crn.com/news/channel-programs/18828518/eds-to-acquire-loudcloud-hosting-business.htm. dead. January 20, 2013. January 20, 2013. archive.is.
  12. Web site: HP News, Newsroom, Videos & Podcasts – HP® Official Site. hp.com.
  13. Web site: HP executive profile of Ben Horowitz.
  14. Web site: Maney. Kevin. Marc Andreessen puts his money where his mouth is. CNNMoney. August 2, 2012.
  15. Web site: Menn. Joseph. Andreessen expands venture capital business. Financial Services. August 2, 2012.
  16. News: Popper. Ben. Andreessen-Horowitz raises $1.5B for third fund in three years. August 2, 2012. VentureBeat. January 31, 2012.
  17. News: Shugerman . Emily . How billionaires Ben and Felicia Horowitz made a MAGA U-turn . August 17, 2024 . . August 16, 2024.
  18. Web site: Silicon Valley's stealth power. Helft. Miguel. Fortune. February 27, 2014. August 20, 2018.
  19. Web site: The Giving Kind. Le. Anh-Minh. Silicon Valley. November 2016. Modern Luxury. August 20, 2018.
  20. Web site: One Family, Many Revolutions: From Black Panthers, to Silicon Valley, to Trump. Streitfeld. David. 22 July 2017. The New York Times. October 27, 2019.
  21. Field, Hayden, "https://www.nbcnewyork.com/news/business/money-report/andreessen-horowitz-founders-plan-to-donate-to-pro-trump-super-pac/5601949/ Andreessen Horowitz founders plan to donate to pro-Trump super PAC