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Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough.
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
High
Start
Ideas
Bold
Enough
Radical
Rate
Based
Aren
Failure
More quotes by Marc Andreessen
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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Innovation accelerates and compounds.
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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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If you're unhappy, you should change what you're doing.
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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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If I want to get work done, that's usually about 3 in the morning.
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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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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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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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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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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 love what the Valley does. I love company building. I love startups. I love technology companies. I love new technology. I love this process of invention. Being able to participate in that as a founder and a product creator, or as an investor or a board member, I just find that hugely satisfying.
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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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The transformation of Apple is probably the biggest tech story of the last 15 years.
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When you're dealing with machines or anything that you build, it either works or it doesn't, no matter how good of a salesman you are.
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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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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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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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I hope to someday live in a world where there are lots more Silicon Valleys.
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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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