BUSINESS

Venture Capitalist Forced To Defend Only Making 31,200% Return

04/26/2012 08:27 am ET

I saw something recently that blew my mind and I need to share with you. A venture capitalist having to defend making a 31,200% return — in two years.

Seriously, read this post from Ben Horowitz , Netscape founder Marc Andreeseen’s investing partner. They were seed investors in Instagram, recently sold for $1 billion to Facebook FB 0.00% .

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