DOT.LA - When Andrew Chen first began investing in LA startups as a general partner at Andreessen Horowitz, he says there were two areas of opportunity that they left unexplored: online dating and video games. "We'd never invest in online dating, and we'd never invest in video games," Chen said at the Upfront Summit venture capital conference in Downtown L.A. "In the next couple years, if you'd invested in Tinder and Bumble, they would have been really good - but for a while those were considered unattractive." Chen said he's now spending "more than half my time" vetting gaming investments, in particular. "Our goal is to invest in what might be the next major social networks," Chen said.
by Samson Amore
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