Table of Contents
Marc Andreessen
Marc Andreessen is a legendary figure in Silicon Valley, he co-created the famous Mosaic browser, and co-founded Netscape, and Loudcloud. He is now managing the venture capital firm Andreessen Horrowitz, which has become one of the most dominant tech investors on the planet.
Don’t Fetishize Failure
These days, people call failure a ‘pivot’, there are some entrepreneurs who are always pivoting. But that is because they have decided not to spend enough time into actually figuring it out and getting it right.
Don’t Overestimate the People on Pedestals
Life can be so much wider when you realize that everything around you that you call ‘life’ was built by people no smarter than you are.
Raise Prices
It has become conventional wisdom in Silicon Valley to price as low as possible to attract more customers, but you should price higher. If you make enough money, you can’t pay for marketing and sales. And if no one is willing to pay for your product, is it any good?
Quotes by Marc Andreessen
“My goal is not to fail fast, my goal is to succeed over the long run. They are not the same thing.
“To do original work, it’s not necessary to know something no one else knows. It is necessary to believe something few other people believe.”
“Every billionaire suffers from the same problem, Nobody around them ever says, ‘Hey, that stupid idea you had was really stupid.’”
“’Far more money has been lost by investors trying to anticipate corrections, than has been lost in corrections themselves.’ – Peter Lynch”
Two Rules to Live By
“Smart people should make things.”
“Be so good they can’t ignore you.”
This is from Steve Martin’s book, Born Standing Up.