Quotes by Marc Andreessen

"Around '93, '94, the conventional wisdom about the Internet was that it was a toy for academics and researchers. So it was very, very underestimated for about two years."

"There is an enormous market demand for information. It just has to be fulfilled in a way that fits with the technology of our times."

"You are cruising along, and then technology changes. You have to adapt."

"An awful lot of successful technology companies ended up being in a slightly different market than they started out in."

"Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies."

"Any new technology tends to go through a 25-year adoption cycle."

"More and more major businesses and industries are being run on software and delivered as online services - from movies to agriculture to national defense."

"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."

"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 D.M.V. and look around, you're like, Oh, my God, I wish all these people were replaced by computer drivers."

"Perhaps the single most dramatic example of this phenomenon of software eating a traditional business is the suicide of Borders and corresponding rise of Amazon."

"If I want to get work done, that's usually about 3 in the morning."

"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."

"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."

"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."

"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."

"In the next 10 years, I expect at least five billion people worldwide to own smartphones, giving every individual with such a phone instant access to the full power of the Internet, every moment of every day."

"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."

"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."

"If you're unhappy, you should change what you're doing."

"Ten to 20 years out, driving your car will be viewed as equivalently immoral as smoking cigarettes around other people is today."

"These days, you have the option of staying home, blogging in your underwear, and not having your words mangled. I think I like the direction things are headed."

"I need more raw experience. I've read and watched a lot of things, but I haven't done a lot of things."

"The days when a car aficionado could repair his or her own car are long past, due primarily to the high software content."

"Health care and education, in my view, are next up for fundamental software-based transformation."

"I know where I'm putting my money."

"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."

"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."

"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."