One of the more surprising things that came out of our all-star panel of consumer software VCs was an admission that Marc Andreessen is starting to invest in a new wave of enterprise software companies. He said he’d just closed one deal he couldn’t disclose, and was expecting to do more.

I talked with Andreessen briefly afterwards about his comment, asking if he meant software-as-a-service specifically and whether he meant niche products or core software for running big businesses. His answer was ‘all of the above’, if it’s the right company — he thinks it’s time for an industry reset. Oracle’s – and to a far lesser degree SAP’s – shopping sprees of the past few years have cleaned out most of the late 1990s enterprise software brush and most big businesses rely on one or both of the big vendors, with no best-of-breed competitors mixed in and very little in the way of new products and real innovation.



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