Outcast PR’s Wennmachers joins Andreessen Horowitz VC
Outcast Communications co-founder Margit Wennmachers has reportedly joined Silicon Valley venture capital firm Andreessen Horowitz as a partner.
The Wall Street Journal's All Things Digital blog reported that Wennmacher will join Marc Andreessen and Ben Horowitz in September as the firm's third partner, specifically advising it on marketing.
Wennmachers co-founded San Francisco-based OutCast in 1997. The firm was acquired in 2005 by London-based Next Fifteen Communications payday advance. Co-founder Caryn Marooney and the other five members on the management team will remain at the firm.
“For me, it’s a chance to build a top-notch VC firm and work with talented entrepreneurs, so what’s not to like?,” All Things Digital said that Wennmachers wrote in an email.