TinyCo Inc. was in big trouble last year. The mobile-game startup owed $10 million to Silicon Valley Bank but didn’t have the money to pay it off. Company co-founder Suleman Ali was so stressed that he broke out in hives.
Then, Marc Andreessen, the prominent technology investor and one of TinyCo’s directors, made a call to Silicon Valley Bank. His firm, Andreessen Horowitz LLC, borrows from the bank, and SVB invests in startups through the giant venture-capital firm.
