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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.
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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College
Netscape
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Started
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Innovation accelerates and compounds.
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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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You are cruising along, and then technology changes. You have to adapt.
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Only two people have been on the cover of Time Magazine in bare feet. I'm one, the other is Gandhi.
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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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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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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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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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Rule 1: All rules can be broken. Many (ex-legal and ethical) should be. Most people won't.
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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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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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A lot of things you want to do as part of daily life can now be done over the Internet.
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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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When I talk to entrepreneurs today, I feel like the grandfather who was in the Civil War.
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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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Companies in every industry need to assume that a software revolution is coming.
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One of the advantages of moving quickly is if you do something wrong you can change it. What technologies tend to do is they tend to make a lot of mistakes... but then we go back and aggressively attack those mistakes - and fix them. And you usually recover pretty quickly.
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There's always more demands than there's time to meet them, so it's constantly a matter of trying to balance them
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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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One of the advantages of moving quickly is if you do something wrong you can change it.
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