2011 Marc Andreessen published an article entitled, “Why Software is eating the world”. In it, he described his Vision: “In the next ten years, it will come between conventional company and the Software-based companies, to epic battles. The Economist Joseph Schumpeter with his notion of creative destruction proud of it.”
Eight years later, is that Andreessen was right. Amazon has destroyed the traditional bookshops, Airbnb destroyed jobs in the hospitality industry, Uber and Lyft, the taxi destroy industry.
The way of the Tech Elite
The losers take care of Andreessen little, it only the winners are interested in. Companies such as Twitter , Facebook , or current Lyft: He has managed, thanks to clever investments in such a destroyer of the old economy to the billionaire. Many young entrepreneurs in Silicon Valley consider him the Ways of the Tech-Elite.
It all started very modestly. “To hell with the book stores,” he once said with a view back to a time of youth in rural Wisconsin, where his Scandinavian ancestors had Fields plowed, and to buy far and wide, not a book. But the Boy was thirsty for knowledge. He taught one of the first programming languages, and participated in the development of the first Internet browser. From this, Netscape created the first successful search engine, the sale of which earned in 1995, him $ 53 million.
a millionaire with a 23: Netscape-founder Marc Andreessen in 1995. Photo: Reuters
Andreessen was 23 years old and already famous. He looked up, on a Golden throne, sure of himself from the cover of “Time”magazine. This photography should take up his career perfectly in advance. Andreessen supernatant without prejudice to the stock market crash of 2000, and soon began to invest in a new Generation of entrepreneurs, as he is convinced of the blessings of digital technology – and absolutely fearless. the Skype Facebook and Twitter were such firms, Andreessen not only with Kaptal supported, but also with the active advice. He co-founded with Ben Horowitz, a Venture Capital company, ran your Coulter company. Facebook CEO Mark Zuckerberg benefited a lot from Andreessen, the Investor was allowed to take the Board seat.
The example of Lyft shows that Andreessen and Horowitz have also missed the second big wave of Innovation. The two were among the first investors in the driving placement service, as the company was only valued at 275 million dollars. Their use has increased tenfold now, with the IPO to more than a billion dollars. Lyft is only a beginning. Airbnb, Pinterest and Lime Scooters plan in the coming months the IPO; and, in any case, Andreessen is likely to benefit his investment at least ten times.
“the spread of The Internet separates people into two categories: those that the computers commands, and those computers will be ordered”.Marc Andreessen
In public appearances is brakes Andreessen. In the short questions that he gives long answers, without any discernible self-doubt. For a time he spread his taut libertarian insights on Twitter, before he retired in 2016, a complete surprise from there. The demand did not harm the but. He receives according to its own figures, every year 20’000 Pitches, so the proposals of the young entrepreneurs seeking start-up capital. Of these, only about a dozen in the shortlist. Who creates it, however, can expect a more intensive care by Andreessen that goes far beyond a financial commitment. It was this care, for example, that helped Airbnb in the early days of a PR-debacle, and the Basis for the IPO. It is up to a certain degree, the Andreessen Bonus that has helped companies such as Lyft and Airbnb to exceptionally high ratings, although both far from the profit threshold.
Andreessen sits in the middle of a finely balanced network of investors, founders and advisors in Silicon Valley. Many of these relationships date back to the beginnings of the tech boom, 40 years ago. So strong the power is, so it does have blind spots. Women still have a strong presence; and none of the planned IPOs of a woman plays an important role. That this would be a typical Silicon Valley is a Problem, denies it.
half of the assets in the good purposes of investing
he Also denies that computers and robots would destroy jobs. “The panic comes on every 25 to 50 years. Always the people fear that machines will destroy all jobs. But I happen never.” He refers to the fact that the unemployment around the world have reached the lowest level ever, and the income average of the highest level. He likes to gives to is a permanent optimist. The mastery of the world through the Computer is the same stop as earlier in the car. “The spread of the Internet separates people into two categories”, lecture he, “those that the computers commands, and those computers will be ordered.”
he was a skeptic, he would have never invested in such companies as Lyft, and he would not have become a billionaire. This wealth brings but from his point of view is also a social obligation. He wants to use 50 percent of its assets for good purposes, such as the digital education platform Udacity. Since 2012, there have been documented according to “Forbes” more than ten million students worldwide education and training courses. “Virtually anyone with an Internet connection can gain the skills needed for a Job in the future,” says Andreessen. Who does not want to understand that, to stay just stuck, so as he would never become Silicon Valley successful, he would not have left the Farmland in Wisconsin. (Editorial Tamedia)
Created: 02.04.2019, at 18:16