Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.
Marc Andreessen
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More quotes by Marc Andreessen
- When I started Netscape I was brand new out of college and all the aspects of building a business, like balance sheets and hiring people, were new to me.
- Our combination of great research universities, a pro-risk business culture, deep pools of innovation-seeking equity capital and reliable business and contract law is unprecedented and unparalleled in the world.
- Perhaps the single most dramatic example of this phenomenon of software eating a traditional business is the suicide of Borders and corresponding rise of Amazon.
- Newspapers with declining circulations can complain all they want about their readers and even say they have no taste. But you will still go out of business over time. A newspaper is not a public trust - it has a business model that either works or it doesn't.
- The days when a car aficionado could repair his or her own car are long past, due primarily to the high software content.