#om

A very large percentage of economic activity is shifting online and it makes sense that there are more services that are going to charge. It also means there are going to be more people willing to pay. ↗

— Marc Andreessen

#also #charge #economic #economic activity #going

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. ↗

— Marc Andreessen

#again #completely #crash #determined #everybody

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. ↗

— Marc Andreessen

#become #better #comes #efficient #get

My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are poised to take over large swathes of the economy. ↗

— Marc Andreessen

#companies #dramatic #economic #economy #large

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. ↗

— Marc Andreessen

#business #business model #complain #declining #either

No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult. ↗

— Marc Andreessen

#building #company #difficult #easy #established

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. ↗

— Marc Andreessen

#browser #comments #connected #consuming #create

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. ↗

— Marc Andreessen

#borders #business #corresponding #dramatic #eating

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. ↗

— Marc Andreessen

#computer #computers #find #hook #just

There's a new generation of entrepreneurs in the Valley who have arrived since 2000, after the dotcom bust. They're completely fearless. ↗

— Marc Andreessen

#arrived #bust #completely #entrepreneurs #fearless