New York Techie Chris Dixon in Talks to Be Next Partner at Andreessen Horowitz
According to sources, well-known New York techie Chris Dixon is in the final stages of discussions to become a partner at the high-profile Silicon Valley venture firm Andreessen Horowitz.
While the deal is not yet complete, Dixon seems likely to become the firm’s latest addition. It’s not clear what his area of specialty will be, but it is likely to center on start-ups, given his experience.
Dixon is one the more voluble and energetic tech players on the New York scene, as well as a serial entrepreneur with several prominent exits. He was CEO and co-founder of SiteAdvisor, which was acquired by McAfee, as well as recommendations engine Hunch, which was bought by eBay a year ago.
He is one of the founding members of Founder Collective, an East Coast-based seed-stage venture firm run by entrepreneurs and is also an active angel investor, including in Skype, Invite Media and OMGPOP. Previous to this, he also programmed financial algorithms at a high-speed options trading firm and has also worked at Bessemer Venture Partners.
In his bio on the Founder Collective site, Dixon said: “I think one of the reasons I can be helpful to entrepreneurs is I’ve worked in the trenches on both the startup side and the investor side.”
His selection by Andreessen Horowitz is an interesting one, since it is the first by the firm of a solidly New York-area techie, although it is not clear if Dixon will move to California or not.
He’s also not been afraid to tangle with VCs in his frequent blogging. In one post in July, titled “Shoehorning Startups into the VC Model,” he noted:
“A startup should raise venture capital (or ‘venture-style’ angel/seed funding) only if: 1) the goal is to build a billion-dollar (valuation) company, and 2) raising millions of dollars is absolutely necessary or will significantly accelerate growth. … Unfortunately, many of these startups graft VC-friendly narratives onto their plans and raise too much money. Short term it might seem like a good idea but long term it won’t.”