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There's a new generation of entrepreneurs in the Valley who have arrived since 2000, after the dotcom bust. They're completely fearless.
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
Arrived
Valleys
Fearless
Entrepreneur
Generation
Completely
Bust
Generations
Entrepreneurs
Since
Valley
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If you're unhappy, you should change what you're doing.
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The smartphone revolution is under-hyped, more people have access to phones than access to running water. We've never had anything like this before since the beginning of the planet.
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Innovation accelerates and compounds.
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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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China is very entrepreneurial but has no rule of law. Europe has rule of law but isn't entrepreneurial. Combine rule of law, entrepreneurialism and a generally pro-business policy, and you have Apple.
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Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough.
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If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.
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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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Working for a big company is, I believe, much risker than it looks.
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In short, software is eating the world
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I hope to someday live in a world where there are lots more Silicon Valleys.
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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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In 2000, when my partner Ben Horowitz was CEO of the first cloud computing company, Loudcloud, the cost of a customer running a basic Internet application was approximately $150,000 a month.
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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.
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If I want to get work done, that's usually about 3 in the morning.
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The transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.
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At Microsoft, they all rock back and forth like Gates, they wear the same glasses, they have the same hair style. Maybe they grow them in tanks.
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It was a joke, okay? If we thought it would actually be used, we wouldn't have written it!
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When I started Netscape I was brand new out of college and all the aspects of building a business, like balance sheets and hiring people, were new to me.
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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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