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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.
Marc Andreessen
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Marc Andreessen
Age: 53
Born: 1971
Born: September 9
Blogger
Computer Scientist
Engineer
Entrepreneur
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Investor
Programmer
Software Engineer
Cedar Falls
Iowa
Marc Lowell Andreessen
Firms
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Venture
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Customers
Exactly
More quotes by Marc Andreessen
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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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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It was a joke, okay? If we thought it would actually be used, we wouldn't have written it!
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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.
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In short, software is eating the world
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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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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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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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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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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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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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If I want to get work done, that's usually about 3 in the morning.
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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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Whatever you're selling, storage or networking or security, you're going head to head with the incumbent players.
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A lot of things you want to do as part of daily life can now be done over the Internet.
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Working for a big company is, I believe, much risker than it looks.
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All's fair in love, war and ride-sharing.
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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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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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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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