Silicon Valley venture capitalists: The golden period of entrepreneurship

Source: Internet
Author: User
Keywords Entrepreneurship wealth IPhone Wall Street Journal Solum Entrepreneurship news venture capitalists
Tags browser business change community company created environment full text

Markendersen Marc Andreessen, a leading Silicon Valley venture capitalist, said the current scientific and technological environment was somewhat similar to the 1999, but a major change has taken place, and market conditions now offer opportunities for entrepreneurs to start businesses as they did in the 1999 golden period.

The following is the full text of the article:

Few people have the experience of living and working in the tech world, and venture capitalist Anderson has this experience. He was the founder of the browser company and then created the software company Loudcloud, which was subsequently renamed Opsware. Anderson witnessed the prosperity and rise and fall of the scientific and technological community and the hype. Now, one of the two leading partners in the venture capital fund Anderson-Horowitz, he is now playing a completely different role, hoping to lead the next wave of great tech companies.

Anderson was the first speaker of the Monday Fortune magazine Brainstorming Conference, and Anderson began to look back when asked by host Andi Saivo Andy Serwer about his excitement.

"It feels like we've spent a lot of work building the PC industry, then there's the Internet, and now it's the smart machine world, and that's a lot of work that lets us know that the Internet is in everyone's hands," Anderson said. "Now it seems like the game is really starting, and we will see great killer apps and great Internet franchise business establishment process. It was a topic that everyone was discussing in the 1999, and it was in its early stages. Only 50 million people were using the Internet at the time, and now they are 2 billion and will soon have 5 billion of smartphones. Now we have a chance to start a business like 1999. ”

When asked about the huge investment in the Anderson-Horowitz fund for the code-sharing community GitHub, Anderson spoke about how the software was devouring the world in The Wall Street Journal (how software was eating), and he described GitHub as " Devouring software development Software ", and the recent investment in Solum, he described as" software to devour the soil sampling business. "

Anderson then turned the conversation back to the idea that consumer electronics was returning to the United States. Products such as Apple's iphone and tablet are assembled in China, but the components are made in the United States, and most of the software that runs is designed in the US, "you need to ask where the final profit goes and they do go to the US." Parts assembly only saves labor and transportation costs. ”

Although Anderson is keen on investing in software, he also does not ignore hardware, Lytro and Jawbone, who appeared in the Asian Games last year, won Anderson's investment. Anderson said his fund had invested in a third hardware company, but he declined to disclose the company's name. "We've had a secret investment recently, but we won't discuss it openly," he said. But I hope everyone will be able to bring a home for their children next year. "he said.

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