Andreessen Horowitz’s Quiet Accelerator Woos New Founders

Andreessen Horowitz’s Quiet Accelerator Woos New Founders

Big VC funds are moving further upstream, placing bets on the youngest companies.

Andreessen Horowitz’s quiet accelerator woos new founders

(Bloomberg/Kate Clark) — A few weeks ago, about 150 people gathered in the courtyard of Paris Hilton’s $63 million chateau-style mansion in the Los Angeles enclave of Beverly Park. They sipped cocktails, picked at poolside sushi and played poker while a DJ mixed beats. What looked like a Hollywood soiree was, in fact, a networking night for participants and alumni of Speedrun, the relatively unknown startup accelerator run by venture capital fir…