Andreessen Horowitz, Sequoia Big Winners in GitHub’s Sale to Microsoft
How writing big checks won two of the Valley’s toniest venture firms hundreds of millions.
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Two of the most famous Silicon Valley venture capital firms just scored a huge win with Microsoft Corp.’s $7.5 billion purchase of GitHub Inc., the online platform for developers sharing and collaborating on code.
In 2012, Andreessen Horowitz cut a $100 million check to GitHub, which had previously been self-funded. Three years later Sequoia Capital led a $250 million round that valued the startup at $2 billion.