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I always had the old-school model that I'm going to work for as long as I'm relevant and focus on for-profit activities and someday when I retire I'm going to learn about philanthropy.
Marc Andreessen
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Marc Andreessen
Age: 53
Born: 1971
Born: September 9
Blogger
Computer Scientist
Engineer
Entrepreneur
Inventor
Investor
Programmer
Software Engineer
Cedar Falls
Iowa
Marc Lowell Andreessen
Always
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Retire
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Philanthropy
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Retiring
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Profit
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One of the advantages of moving quickly is if you do something wrong you can change it.
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When I talk to entrepreneurs today, I feel like the grandfather who was in the Civil War.
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Only two people have been on the cover of Time Magazine in bare feet. I'm one, the other is Gandhi.
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The 2 hardest things you'll have to do when running a company are recruiting and talking people out of leaving.
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Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high
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Innovation accelerates and compounds.
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The transformation of Apple is probably the biggest tech story of the last 15 years.
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You are cruising along, and then technology changes. You have to adapt.
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The advantage of the consumer businesses is they tend to be much broader-based, much larger number of customers, that tend to over time be a lot more predictable. The advantage of the enterprise companies is they are not as subject to consumer trend, fad, behavior.
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One of the advantages of moving quickly is if you do something wrong you can change it. What technologies tend to do is they tend to make a lot of mistakes... but then we go back and aggressively attack those mistakes - and fix them. And you usually recover pretty quickly.
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My goal is not to fail fast. My goal is to succeed over the long run. They are not the same thing.
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If you're the village blacksmith and a model T comes along, you better become a mechanic. People's lives are better when they get news online versus having to wait for the morning paper. It's a lot more efficient, a lot more real time, a lot less waste.
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When you're dealing with machines or anything that you build, it either works or it doesn't, no matter how good of a salesman you are.
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There is the opportunity to do more and better if you're smaller and more nimble.
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I would say the consumer Internet companies - in a lot of ways, if you go inside the consumer Internet companies and you see how they run, it's how all their businesses are going to run.
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Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.
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Where I grew up, we had the three TV networks, maybe two radio stations, no cable TV. We still had a long-distance party line in our neighborhood, so you could listen to all your neighbors' phone calls. We had a very small public library, and the nearest bookstore was an hour away.
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Almost every dot-com idea from 1999 that failed will succeed.
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