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Margit Wennmachers | |
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![]() Margit Wennmachers of Andreessen Horowitz | |
Born | 1965 (age 59–60) |
Education | University of Lippstadt, Germany |
Occupation(s) | Venture Capitalist, Andreessen Horowitz |
Margit Wennmachers (born 1965) [1] is a venture capitalist at the Silicon Valley venture capital firm Andreessen Horowitz and a co-founder of OutCast Communications (now The OutCast Agency), one of the tech world's top public relations firms according to The New York Times. [2] She is one of a handful of women at high-profile venture capital firms [3] and among the few venture capital marketing executives at the partner level. [2]
Born and raised in Breberen, Germany, Wennmachers' father was a mushroom farmer who pivoted to raising pigs. She was the youngest of four children. [4] Her mother died in a car accident when she was 18. [5] Wennmachers earned a bachelor's degree in business from the University of Lippstadt, Germany. [6]
Wennmachers began her career in the European office of a U.S.-based startup. [7] [ better source needed ] She later moved to San Francisco to join Blanc & Otus, a high-tech communications firm. In 1997, she co-founded OutCast Communications with Caryn Marooney. By 2010, their clients had included Facebook, Autodesk, Amazon, Yahoo!, EMC, Netflix, Cisco, Zimbra and VMware, as well as Andreessen Horowitz. [3] Under her’ leadership, OutCast grew from two employees to a multimillion-dollar business. [2]
Wennmachers became a partner of Andreessen Horowitz in September 2010 [8] to help identify and evaluate new start-ups for investment potential and advise the firm and its portfolio companies on marketing and branding. [9] Andreessen Horowitz's investments include Twitter, Jawbone, [10] Facebook, Foursquare, Groupon, and Zynga. [11] [ better source needed ]
Wennmachers became a non-executive director at Next Fifteen Communications Group plc in 2011. [12] She also serves on the board of trustees for the World Affairs Council. [13] [ better source needed ] She has been a speaker at the DLD Conference in 2011 [14] and 2013, [15] Ad: Tech in 2012, [16] Upward in 2014, [17] and The Spark in 2016. [18]
Wennmachers was named to Silicon Valley/San Jose Business Journal's list of 100 Women of Influence for 2012. [19]