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Marc Andreessen

Marc Andreessen Quotes

Marc AndreessenMarc Lowell Andreessen (born July 9, 1971) is an American entrepreneur, investor, and software engineer. He is best known as coauthor of Mosaic, the first widely used Web browser; as cofounder of Netscape Communications Corporation; and as cofounder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a cofounder of Ning, a company that provides a platform for social networking websites. An innovator and creator, he is one of the few people who has pioneered a software category used by more than a billion people and established several billion-dollar companies. He sits on the board of directors of Facebook, eBay, and HP, among others. A frequent keynote speaker and guest at Silicon Valley conferences, Andreessen is one of only six inductees in the World Wide Web Hall of Fame announced at the first international conference on the World Wide Web in 1994.

1. 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.

2. I DON’T WASTE TIME BEING DEPRESSED.

3. TODAY’S STOCK MARKET ACTUALLY HATES TECHNOLOGY, AS SHOWN BY ALL-TIME LOW PRICE/EARNINGS RATIOS FOR MAJOR PUBLIC TECHNOLOGY COMPANIES.

4.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.

5. THE JOKE ABOUT SAP HAS ALWAYS BEEN, IT’S MAKING ’50S GERMAN MANUFACTURING METHODOLOGY, IMPLEMENTED IN 1960S SOFTWARE TECHNOLOGY, DELIVERED TO 1970-STYLE MANUFACTURING ORGANIZATIONS, LIKE, IT’S REALLY – YEAH, THE INCUMBENCY – THEY ARE STILL THE LINGERING HANGOVER FROM THE DOT-COM CRASH.

6. OUR COMBINATION OF GREAT RESEARCH UNIVERSITIES, A PRO-RISK BUSINESS CULTURE, DEEP POOLS OF INNOVATION-SEEKING EQUITY CAPITAL AND RELIABLE BUSINESS AND CONTRACT LAW IS UNPRECEDENTED AND UNPARALLELED IN THE WORLD.

7. 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.

8. ADAPTABILITY IS KEY.

9. THERE’S ALWAYS MORE DEMANDS THAN THERE’S TIME TO MEET THEM, SO IT’S CONSTANTLY A MATTER OF TRYING TO BALANCE THEM.

10. PEOPLE TEND TO THINK OF THE WEB AS A WAY TO GET INFORMATION OR PERHAPS AS A PLACE TO CARRY OUT ECOMMERCE. BUT REALLY, THE WEB IS ABOUT ACCESSING APPLICATIONS. THINK OF EACH WEBSITE AS AN APPLICATION, AND EVERY SINGLE CLICK, EVERY SINGLE INTERACTION WITH THAT SITE, IS AN OPPORTUNITY TO BE ON THE VERY LATEST VERSION OF THAT APPLICATION.

11. INNOVATION ACCELERATES AND COMPOUNDS. EACH POINT IN FRONT OF YOU IS BIGGER THAN ANYTHING THAT EVER HAPPENED.

12. AN AWFUL LOT OF SUCCESSFUL TECHNOLOGY COMPANIES ENDED UP BEING IN A SLIGHTLY DIFFERENT MARKET THAN THEY STARTED OUT IN. MICROSOFT STARTED WITH PROGRAMMING TOOLS, BUT CAME OUT WITH AN OPERATING SYSTEM. ORACLE STARTED DOING CONTRACTS FOR THE CIA. AOL STARTED OUT AS AN ONLINE VIDEO GAMING NETWORK.

13. ONE OF THE BIG FIRST COMPUTERS WAS CALLED SAGE, WHICH WAS A MISSILE DEFENSE, THE FIRST MISSILE-DEFENSE COMPUTER, WHICH WAS, LIKE, ONE OF THE FIRST COMPUTERS IN THE HISTORY OF THE WORLD WHICH GOT SOLD TO THE DEPARTMENT OF DEFENSE FOR, I DON’T KNOW, TENS AND TENS OF MILLIONS OF DOLLARS AT THE TIME.

14. 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.

15. IF YOU’RE UNHAPPY, YOU SHOULD CHANGE WHAT YOU’RE DOING.

16. IF WE’RE IN A BUBBLE, IT’S THE WEIRDEST BUBBLE I’VE EVER SEEN, WHERE EVERYBODY HATES EVERYTHING.

17. TODAY’S LEADING REAL-WORLD RETAILER, WAL-MART, USES SOFTWARE TO POWER ITS LOGISTICS AND DISTRIBUTION CAPABILITIES, WHICH IT HAS USED TO CRUSH ITS COMPETITION.

18. THE SPREAD OF COMPUTERS AND THE INTERNET WILL PUT JOBS IN TWO CATEGORIES. PEOPLE WHO TELL COMPUTERS WHAT TO DO, AND PEOPLE WHO ARE TOLD BY COMPUTERS WHAT TO DO.

19. YOU KNOW, MAGIC MARKETS DON’T APPEAR ALL THE TIME, SO YOU TAKE ADVANTAGE OF THEM.

20. I’M QUITE BULLISH. WE’RE COMING UP ON YEAR 15 OF A FLAT STOCK MARKET. HISTORICALLY THAT’S A PRETTY GOOD SIGN. SO I’M NOT A HEDGE-FUND MANAGER BUT IF I WAS I THINK I’D BE FEELING PRETTY GOOD.

21. AND ONCE YOU GET INSTANTANEOUS COMMUNICATION WITH EVERYBODY, YOU HAVE ECONOMIC ACTIVITY THAT’S FAR MORE ADVANCED, FAR MORE LIQUID, FAR MORE DISTRIBUTED THAN EVER BEFORE.

22. 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.

23. TEN TO 20 YEARS OUT, DRIVING YOUR CAR WILL BE VIEWED AS EQUIVALENTLY IMMORAL AS SMOKING CIGARETTES AROUND OTHER PEOPLE IS TODAY.

24. IT’S HARD TO DO THAT WITH PEOPLE WHO THINK EMOTIONALLY. A LOT OF PEOPLE THINK IN TERMS OF PEOPLE, EMOTIONS, AND FEELINGS. THAT’S MORE COMPLICATED. ENGINEERING MENTALITY MAKES IT, IN THEORY, A LITTLE EASIER.

25. A LOT OF THINGS YOU WANT TO DO AS PART OF DAILY LIFE CAN NOW BE DONE OVER THE INTERNET.

26. ANY NEW TECHNOLOGY TENDS TO GO THROUGH A 25-YEAR ADOPTION CYCLE.

27. 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.

28. 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.

29. I NEED MORE RAW EXPERIENCE. I’VE READ AND WATCHED A LOT OF THINGS, BUT I HAVEN’T DONE A LOT OF THINGS.

30. 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.

31. SO I CAME FROM AN ENVIRONMENT WHERE I WAS STARVED FOR INFORMATION, STARVED FOR CONNECTION.

32. WE HAVE NEVER LIVED IN A TIME WITH THE OPPORTUNITY TO PUT A COMPUTER IN THE POCKET OF 5 BILLION PEOPLE.

33. 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.

34. 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. ANY TIME YOU STAND IN LINE AT THE DMV AND LOOK AROUND, YOU’RE LIKE, ‘OH, MY GOD, I WISH ALL THESE PEOPLE WERE REPLACED BY COMPUTER DRIVERS.’

35. TECH STOCKS ARE TRADING AT A 30-YEAR-LOW WHEN COMPARED TO THE MULTIPLES OF INDUSTRIALS (COMPANIES). IT’S THE WEIRDEST BUBBLE WHEN EVERYONE HATES EVERYTHING.

36. EVERY KID COMING OUT OF HARVARD, EVERY KID COMING OUT OF SCHOOL NOW THINKS HE CAN BE THE NEXT MARK ZUCKERBERG, AND WITH THESE NEW TECHNOLOGIES LIKE CLOUD COMPUTING, HE ACTUALLY HAS A SHOT.

37. 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.

38. ORGANIZATIONS SPEND HUNDREDS OF HOURS AND HUNDREDS OF THOUSANDS OF DOLLARS INSTALLING AND IMPLEMENTING HUGE SERVERS, NEW WEB SITES AND APPLICATIONS. THEY HAVE TO CONTINUE TO DO THAT, BUT THEY ALSO HAVE TO CLEAN UP THE MESS OF THE ’90S.

39. CONSUMERS ARE FREEING UP AN ENORMOUS AMOUNT OF TIME THAT THEY WERE SPENDING WITH STEREOTYPICAL OLD MEDIA, AND CLEARLY, THAT TIME IS GOING PRIMARILY TWO PLACES: VIDEOGAMES AND ONLINE.

40. 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.

41. WORKING FOR A BIG COMPANY IS, I BELIEVE, MUCH RISKER THAN IT LOOKS.

42. THERE IS A CONSTANT NEED FOR NEW SYSTEMS AND NEW SOFTWARE.

43. 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.

44. I’M REALLY EXCITED ABOUT ANYTHING THAT IS ABLE TO ADDRESS THE REALLY BIG MARKETS, SO ANYTHING THAT’S UNIVERSALLY APPEALING.

45. I’VE BEEN A CUSTOMER OF THE TOP VENTURE CAPITAL FIRMS, SO I KNOW EXACTLY WHAT THEY DO AND DON’T DO.

46. IF I WANT TO GET WORK DONE, THAT’S USUALLY ABOUT 3 IN THE MORNING.

47. PCS DON’T SUCK. THEY’RE INADEQUATE.

48. WE ARE SINGLE-MINDEDLY FOCUSED ON PARTNERING WITH THE BEST INNOVATORS PURSUING THE BIGGEST MARKETS.

49. I THINK THE TECH STOCK, THE PUBLIC MARKET IS STILL COMPLETELY TRAUMATIZED BY THE DOTCOM CRASH. I THINK THE INVESTORS AND REPORTERS AND ANALYSTS AND EVERYBODY IS DETERMINED TO NOT GET TAKEN ADVANTAGE OF AGAIN, AND THAT IS WHAT EVERYBODY WHO LIVED THROUGH 2000, WHAT THEY KIND OF REMEMBER.

50. 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.

51. IF THERE’S BEEN A CRISIS IN A MARKET, YOU DON’T TEND TO HAVE A NEW CRISIS IN THAT MARKET UNTIL THE PEOPLE WHO WENT THROUGH THE LAST CRISIS AREN’T IN THE SYSTEM ANYMORE.

52. THERE’S NO SUCH THING AS MEDIAN INCOME; THERE’S A CURVE, AND IT REALLY MATTERS WHAT SIDE OF THE CURVE YOU’RE ON. THERE’S NO SUCH THING AS THE MIDDLE CLASS. IT’S ABSOLUTELY VANISHING.

53. FIRST OF ALL, EVERY NEW COMPANY TODAY IS BEING BUILT IN THE FACE OF MASSIVE ECONOMIC HEADWINDS, MAKING THE CHALLENGE FAR GREATER THAN IT WAS IN THE RELATIVELY BENIGN ’90S.

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