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."

"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."

"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."

"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."

"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."

"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."

"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."

"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."

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

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

"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 know where I'm putting my money."

"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."

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

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

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