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Margit Wennmachers | |
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![]() Margit Wennmachers of Andreessen Horowitz | |
Education | University of Lippstadt, Germany |
Occupation(s) | 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.[1] She is one of a handful of women at high-profile venture capital firms[2] and among the few venture capital marketing executives at the partner level.[1]
Born and raised in Breberen, Germany, Wennmachers' father was a mushroom farmer who pivoted to raising pigs. She was the youngest of four children.[3] Her mother died in a car accident when she was 18.[4] Wennmachers earned a bachelor's degree in business from the University of Lippstadt, Germany.[5]
Wennmachers began her career in the European office of a U.S.-based startup.[6][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.[2] Under her’ leadership, OutCast grew from two employees to a multimillion-dollar business.[1]
Wennmachers became a partner of Andreessen Horowitz in September 2010[7] to help identify and evaluate new start-ups for investment potential and advise the firm and its portfolio companies on marketing and branding.[8] Andreessen Horowitz's investments include Twitter, Jawbone,[9] Facebook, Foursquare, Groupon, and Zynga.[10][better source needed]
Wennmachers became a non-executive director at Next Fifteen Communications Group plc in 2011.[11] She also serves on the board of trustees for the World Affairs Council.[12][better source needed] She has been a speaker at the DLD Conference in 2011[13] and 2013,[14] Ad: Tech in 2012,[15] Upward in 2014,[16] and The Spark in 2016.[17]
Wennmachers was named to Silicon Valley/San Jose Business Journal's list of 100 Women of Influence for 2012.[18]