Marc Andreessen

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

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.

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.

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

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.

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