Thursday, November 11, 2010

Marc Andreessen on Investment, Innovation...

(Fortune)...he is, above all, bullish on Silicon Valley, where he sees the recessionary fog lifting. His new fund still has a chance to invest while valuations are low. Even better, a generation of entrepreneurs burned by the dotcom crash is being replaced by a generation that doesn't remember the dotcom crash. Facebook CEO Mark Zuckerberg recently asked Andreessen what exactly Netscape did, then had to remind the mock-outraged Andreessen that at the time, Zuckerberg was still in junior high. The Valley's fearlessness is coming back, Andreessen tells me.

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