Margit Wennmachers of Andreessen Horowitz
|Education||University of Lippstadt, Germany|
|Occupation||Venture Capitalist, Andreessen Horowitz|
Margit Wennmachers 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. She is one of a handful of women at high-profile venture capital firms and among the few venture capital marketing executives at the partner level.
Born and raised in Breberen, Germany, Wennmachers' father was a mushroom farmer who pivoted to raising pigs. She was the youngest of four children. Her mother died in a car accident when she was 18. Wennmachers earned a bachelor's degree in business from the University of Lippstadt, Germany.
Wennmachers began her career in the European office of a U.S.-based startup.[better source needed] She later moved to San Francisco to become a member of the executive management team[better source needed] at 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. Under her’ leadership, OutCast grew from two employees to a multimillion-dollar business. She oversaw client work as well as the firm's business operations.
Wennmachers became a partner of Andreessen Horowitz in September 2010 to help identify and evaluate new start-ups for investment potential and advise the firm and its portfolio companies on marketing and branding. Andreessen Horowitz's investments include Twitter, Jawbone, Facebook, Foursquare, Groupon, and Zynga.[better source needed]
Wennmachers became a non-executive director at Next Fifteen Communications Group plc in 2011. She also serves on the board of trustees for the World Affairs Council.[better source needed] She has been a speaker at the DLD Conference in 2011 and 2013, Ad: Tech in 2012, Upward in 2014, and The Spark in 2016.
Wennmachers was named to Silicon Valley/San Jose Business Journal's list of 100 Women of Influence for 2012.
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- "Portfolio Companies (Entire Portfolio)". Andreessen Horowitz. Retrieved 18 April 2012.
- "Next Fifteen appoints Margit Wennmachers as non-executive director". News. The Drum. Retrieved 18 April 2012.
- "Council Leadership". About Us. World Affairs Council. Retrieved 18 April 2012.
- "DLD11 - The Communications Difference (Brandee Barker, Brooke Hammerling, Margit Wennmachers)". YouTube. DLD. Retrieved 14 November 2016.
- "DLDwomen13: Where are Marla Zuckerberg, Mary Jobs and Joan Bezos? (Margit Wennmachers)". YouTube. DLD. Retrieved 14 November 2016.
- "CNET News: Are leading tech companies vulnerable?". YouTube. Ad: Tech. Retrieved 14 November 2016.
- "UPWARD Topical Discussion: Women in Venture Capital (April 17, 2014)". YouTube. Upwards. Retrieved 14 November 2016.
- "Talk mit Margit Wennmachers: "Investoren müssen Start-Ups in Ruhe arbeiten lassen"". Handelsblatt.com. Handelsblatt. Retrieved 14 November 2016.
- "Women of Influence: Margit Wennmachers". Silicon Valley's Women of Influence 2012. San Jose Business Journal. Retrieved 18 April 2012.