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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
Inventor
Investor
Programmer
Software Engineer
Cedar Falls
Iowa
Marc Lowell Andreessen
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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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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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Companies in every industry need to assume that a software revolution is coming.
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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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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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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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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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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.
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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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If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.
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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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There is a constant need for new systems and new software.
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I've been an entrepreneur three times. I started three companies.
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The difference between a vision and a hallucination is that other people can see the vision.
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I know where I'm putting my money.
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