Andreessen: VC spending will likely increase

marc andreessen
marc andreessen

Startups might not be spending responsibly, but that doesn’t mean venture capitalists will be giving them less money.

In fact, they might be spending more.

“The argument is that tech is permeating more industries than ever before,” said venture capitalist Marc Andreessen at the Wall Street Journal Digital conference in Laguna Beach, Calif.

Last month, Andreessen made headlines for his Tweetstorm critiquing tech startups for blowing through cash, telling them to “worry” about their spending.

Related: Apple Pay signup is “fantastic”

He held firm on his stance on burn rates (how quickly firms spend capital) in a conversation with Jonathan Krim of the Wall Street Journal on Tuesday.

“Cash burn is getting out of hand,” said Andreessen. “You want to have a reasonable valuation, reasonable cash burn.” But he said founders often got overly excited (or depressed) and spent the money too quickly.

That said, venture capital funding is an “exercise” in finding the unicorns, according to Andreessen. Venture capitalists invest in $20 to $30 billion in about 4,000 companies a year, knowing that only about 15 will be home runs.

Related: Jack Ma doesn’t shop online

“Every 12 months, there are 15 companies created that will generate 90% of all [venture capital] returns,” Andreessen said.

But with technology touching more industries — will that number increase?

“That’s the debate we’re having internally,” said Andreessen. “Airbnb’s [valuation] is hard to argue with.”

Airbnb was valued at $10 billion earlier this year, and Andreessen called it a “home run” for real estate startups. He said Uber and Lyft (of which he is an investor) were the same for the transportation industry.

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Wednesday, October 29th, 2014 Self Employment Ideas Comments Off

Approved Mental Health Practitioner

Due to the retirement of the existing post holder a rare opportunity has arisen for an experienced social worker who is also an Approved Mental Health Professional (AMHP)to apply for the position of AMHP Lead (Part – time) for North Somerset Council. The postholder will be employed and line-managed by North Somerset Council working in the AMHP service based at Weston General Hospital, within the Avon Wiltshire Mental Health Partnership NHS Trust (AWP) service.

The post holder will, along with a part-time AMHP lead post, manage the work of the Approved Mental Health Service in North Somerset. This is a very busy service which undertook in excess of 400 MHA assessments in 2012.

The successful candidate will jointly take the lead on all aspects of the local authority’s duties under the Mental Health Act. This is very much a “hands-on” post and the person will also carry out MHA assessments as well as allocating work and providing supervision and support to the AMHP team. Both AMHP leads are also responsible for the smooth and efficient running of the AMHP service including its development and the ongoing professional development of the staff group.

Essential requirements will be:

  • Considerable prior experience as a mental health social worker and AMHP
  • A comprehensive knowledge of mental health and associated law
  • Excellent assessment, supervisory and decision-making skills
  • Good IT literacy
  • The ability to travel throughout North Somerset and beyond

It would also be highly desirable to be a qualified Best Interests Assessor.

The post holder will also take a role in the recruitment, supervision and training of AMHPs; the support to other staff in mental health social care; other management functions within mental health social care; and close partnership working with Avon Wiltshire Mental Health Partnership NHS Trust and other stakeholders across health, housing and social care including children and young people’s services.

It is anticipated that interviews will take place late November / early December.

For further information please contact Rose Barker (Service Manager, North Somerset Council) on 01934 426 037

This post is exempt under the provisions of the Rehabilitations of Offenders Act (Exceptions) Order 1975 and is subject to an enhanced Disclosure and Barring Service check.

Please note that consideration may be given to combining this post with the 2 days per week Team Manger / Senior Practitioner post that is also being advertised please indicate this when making contact or in your application.

Want to know more and apply?

Visit to download an application pack and apply online.

Anticipated interview date: To be confirmed

Equal Opportunities


North Somerset Council is an equal opportunities employer

We welcome applications from all sections of our community regardless of age, disability, gender, race, religion, belief or sexual orientation.

North Somerset Council is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment.


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Wednesday, October 29th, 2014 Employment Opportunities Comments Off

Development and Implementation Manager

Are you an infrastructure solutions architect looking for a new challenge?
Do you have a positive outlook, with a passion for technology?
Can you prove a successful track record of innovation?
Are you a skilled manager and mentor?
Do you have experience of managing a small software development team?

The ICT Service (Education) is a fully traded business unit, part of Cambridgeshire County Council. This means we are wholly responsible for generating revenue to support educational institutions in Cambridgeshire and beyond. We provide innovative ICT solutions to schools who require cost effective, robust solutions to meet their rapidly changing needs.

We are currently seeking an infrastructure solutions architect to lead our busy development and implementation team; you will have a passion for technology, with proven experience in recognising where technologies can meet diverse business needs. The successful candidate will also be expected to line manage, mentor and develop our in-house software developer, and a team of 5 installation technicians. You will be keen on keeping your knowledge up-to-date through regular training and gaining current accreditations.

You will have proven, deep knowledge and experience in the following areas:

• computer networking technologies
• Microsoft technologies including – Windows Server, SQL, Virtualisation, Active Directory, Hyper-V and System Center
• Storage Area Networks
• Enterprise network and server hardware
• mobile technologies including implementation and management
• web filtering technologies
• good understanding of principles of ITIL Framework and Project Management
• translating business need into innovative, technological solutions
• good presentation skills both written and oral.

You will be joining a successful organisation with a vision for the future…….

Equal Opportunities


How To Apply

For informal enquiries please contact John Chapman on 01480 – 376685 or email
Interview date: 22nd July 2014

Apply Now

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Wednesday, October 29th, 2014 Employment Opportunities Comments Off