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A lot of things you want to do as part of daily life can now be done over the Internet.
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
Daily
Internet
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Done
Things
Life
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We have never lived in a time with the opportunity to put a computer in the pocket of 5 billion people.
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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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Innovation accelerates and compounds.
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There was a point in the late '90s where all the graduating M.B.A.'s wanted to start companies in Silicon Valley, and for the most part they were not actually qualified to do it.
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Once you understand that everybody's going to get connected, a lot of things follow from that. If everybody gets the Internet, they end up with a browser, so they look at web pages - but they can also leave comments, create web pages. They can even host their own server! So not only is everybody consuming, they can also produce.
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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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Nokia and Research in Motion needed a modern operating system. They could have bought Palm or Android before Google did, but they didn't. Today, it's probably too late, and at the time they would have been criticized for overpaying, but as they say - shift happens.
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In short, software is eating the world
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The gulf between what the press and many regular people believe Bitcoin is, and what a growing critical mass of technologists believe Bitcoin is, remains enormous.
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An awful lot of successful technology companies ended up being in a slightly different market than they started out in.
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We call it the 'Rule of Crappy People'. Bad managers hire very, very bad employees, because they're threatened by anybody who is anywhere near as good as they are.
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Innovation accelerates and compounds. Each point in front of you is bigger than anything that ever happened.
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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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The good news about building a company during times like this is that the companies that do succeed are going to be extremely strong and resilient.
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Technology is like water it wants to find its level. So if you hook up your computer to a billion other computers, it just makes sense that a tremendous share of the resources you want to use - not only text or media but processing power too - will be located remotely.
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I know where I'm putting my money.
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All's fair in love, war and ride-sharing.
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Companies in every industry need to assume that a software revolution is coming.
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I hope to someday live in a world where there are lots more Silicon Valleys.
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