British born investor Ben Horowitz, co-founder of investors Andreessen-Horowitz which has funds of $2.7bn invested, is looking for ‘really bad ideas’.
"We invest in college drop-outs with insane ideas going after tiny markets with no way to monetise," says Horowitz.
A few examples of bad ideas he gives are programming languages for PCs (Microsoft) mobile payment system (PayPal) search (Google) and podcast software.
Source:
http://www.electronicsweekly.com/Articles/2013/02/05/55501/vc-wants-bad-ideas.htm
