Andreesen Horowitz: Forget About the Exit

From Nate Hindmans summary of SXSW in Huffington Post:

“When we’re meeting with entrepreneurs for the first time, and they start talking about an exit, that’s an immediate red flag,” said Jeff Jordan, a general partner at Andreesen Horowitz, a Silicon Valley venture capital firm, and the former president of OpenTable and PayPal, speaking on a panel about his journey from startups to the VC industry.