Web Pioneer Keeps Faith—and Cash—in Bitcoin - WSJ.com

As his former Netscape manager Jim Barksdale often said, "Find a parade and jump in front of it"

""At first blush, you're going to think we're out of our minds," Mr. Andreessen says he told the group of five investment firms on the Andreessen Horowitz advisory board, "but we're going to invest in a fake mathematical currency."
The comment met with stone-cold silence, before a brief discussion ensued. Some investors seemed intrigued, but many had little idea what bitcoin was.
Ultimately, Mr. Andreessen said investor resistance was less than he feared. Venture-capital firms have free rein to make almost any kind of investment. Their investors generally anticipate about half the investments will be losers, while some others will be home runs."

Web Pioneer Keeps Faith—and Cash—in Bitcoin - WSJ.com