Super VC Marc Andressen talks about the Future of Venture Capital and investing. Marc co-created the highly influential Mosaic internet browser and co-founded Netscape, which later sold to AOL for $4.2 billion. He also co-founded Loudcloud, which as Opsware, sold to Hewlett-Packard for $1.6 billion. He later served on the board of Hewlett-Packard from 2008 to 2018. Marc serves on the board of the following Andreessen Horowitz portfolio companies: Applied Intuition, Carta, Coinbase, Dialpad, Flow, Golden, Honor, OpenGov, Samsara, Simple Things, and TipTop Labs. He is also on the board of Meta.
He talked about only eight companies in the SP500 are innovating. He did not specify which are the eight companies. There are five or six that are not disputed (Nvidia, Tesla, Google, Meta, Microsoft, Broadcom).
The top ten companies also include Apple, TSMC and Amazon.
Some other points are:
The middle is dead; you’re either Gucci or Walmart
We’ve lived in an era of intense preference falsification. This is when people cannot say what they truly believe and have to say what they do not believe.
AI and machines making the ultimate decision. The question of whether we need to leave a human responsible for the ultimate decision versus whether AI can make an ultimate better decision. Marc thinks AI revolution is more like the microprocessor. AI is a new kind of computer.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.