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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
Since
Valley
Arrived
Valleys
Fearless
Entrepreneur
Generation
Completely
Bust
Generations
Entrepreneurs

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Over two billion people now use the broadband Internet, up from perhaps 50 million a decade ago, when I was at Netscape, the company I co-founded.
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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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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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The days when a car aficionado could repair his or her own car are long past, due primarily to the high software content.
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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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There are people who are wired to be skeptics and there are people who are wired to be optimists. And I can tell you, at least from the last 20 years, if you bet on the side of the optimists, generally you’re right.
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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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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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With lower start-up costs and a vastly expanded market for online services, the result is a global economy that for the first time will be fully digitally wired - the dream of every cyber-visionary of the early 1990s, finally delivered, a full generation later
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If the Net becomes the center of the universe, which is what seems to be happening, then the dizzying array of machines that will be plugged into it will virtually guarantee that the specifics of which chip and which operating system you've got will be irrelevant.
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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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In the next 10 years, I expect at least five billion people worldwide to own smartphones, giving every individual with such a phone instant access to the full power of the Internet, every moment of every day.
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I've been a customer of the top venture capital firms, so I know exactly what they do and don't do.
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There is the opportunity to do more and better if you're smaller and more nimble.
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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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In short, software is eating the world
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Working for a big company is, I believe, much risker than it looks.
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