Marc Andreessen
Marc Andreessen
Marc Lowell Andreessenis an American entrepreneur, investor, and software engineer. He is the coauthor of Mosaic, the first widely used Web browser; cofounder of Netscape; and 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. He sits on the board of directors of Facebook, eBay, and Hewlett Packard Enterprise,...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth9 July 1971
CityCedar Falls, IA
CountryUnited States of America
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.
There is a constant need for new systems and new software.
If you're unhappy, you should change what you're doing.
Today, the most profound thing to me is the fact that a 14-year-old in or Bangalore or the Soviet Union or has all the information, all the tools, all the software easily available to apply knowledge however they want. That is why I am sure the next Napster is going to come out of left field.
We have to try hard and liberate ourselves from assumptions.
We are single-mindedly focused on partnering with the best innovators pursuing the biggest markets.
Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.
You can't determine whether to build a bridge by counting the number of swimmers. Consumers don't care about technology at the end of the day.
To have people spending 55 minutes online is fascinating, because they are not doing something else. There are a fixed number of minutes in a day.
TV and the press have always functioned according to the same sets of rules and technical standards. But the Internet is based on software. And anybody can write a new piece of software on the Internet that years later a billion people are using.
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.
The big advantage that we have as a venture capital firm over a hedge fund or a mutual fund is we have a 13-year lockup on our money. And so enterprise can go in and out of fashion four different times, and we can go and invest in one of these companies, and it's okay, because we can stay the course.
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.
Any successful company in the valley gets acquisition offers and has to decide whether or not to take them.