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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.
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
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Cedar Falls
Iowa
Marc Lowell Andreessen
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Out of ten swings at the bat, you get maybe seven strikeouts, two base hits, and if you are lucky, one home run. The base hits and the home runs pay for all the strikeouts
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I hope to someday live in a world where there are lots more Silicon Valleys.
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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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Companies in every industry need to assume that a software revolution is coming.
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It's an old - and true - cliche that VCs rarely actually say 'no' - more often they say 'maybe', or 'not right now', or 'my partners aren't sure', or 'that's interesting, let me think about 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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Rule 1: All rules can be broken. Many (ex-legal and ethical) should be. Most people won't.
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Working for a big company is, I believe, much risker than it looks.
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I know where I'm putting my money.
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In the startup world, you're either a genius or an idiot. You're never just an ordinary guy trying to get through the day
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Innovation accelerates and compounds.
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Almost every dot-com idea from 1999 that failed will succeed.
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If I want to get work done, that's usually about 3 in the morning.
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Google is working on self-driving cars, and they seem to work. People are so bad at driving cars that computers don't have to be that good to be much better.
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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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There is a constant need for new systems and new software.
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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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