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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
Based
Aren
Failure
High
Start
Ideas
Bold
Enough
Radical
Rate
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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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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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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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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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When I talk to entrepreneurs today, I feel like the grandfather who was in the Civil War.
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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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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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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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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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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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Whatever you're selling, storage or networking or security, you're going head to head with the incumbent players.
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If I want to get work done, that's usually about 3 in the morning.
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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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All's fair in love, war and ride-sharing.
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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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It was a joke, okay? If we thought it would actually be used, we wouldn't have written it!
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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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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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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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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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