Andreesen pointed out recently, it was pretty common ten years ago for startups to sink tons of cash into Oracle
And Andreessen should be listened in this field because.... ? Serious corporations go for IBM, Oracle, SAP and the likes. They want stability and someone to show up and fix when things go wrong. Most of the 'startups' Marc is talking about, will be not be here 5 years from now.
What was Marc's last good investment? Ning or Groupon?
Skype, Facebook, Zynga, Twitter, Jawbone and Box.net are all in the Andreeson Horowitz portfolio. He seems to be doing fine.
He bought FB way too late than most others. What valuation did he buy in Zynga, Twitter etc than we'll talk? Jut because they're 'hot' now doesn't mean that they'll make him money later.
Google, Apple, Facebook are all using Oracle albeit not for their main consumer-facing product but more for internal systems that performs e-Commerce functionality.
I don't know, but based on your statement, I'd guess that they each probably have a few licenses for enterprise-grade apps. I don't think that changes the analysis that the market is moving on from what Oracle is selling.
And Andreessen should be listened in this field because.... ? Serious corporations go for IBM, Oracle, SAP and the likes. They want stability and someone to show up and fix when things go wrong. Most of the 'startups' Marc is talking about, will be not be here 5 years from now.
What was Marc's last good investment? Ning or Groupon?