TV and the press have always functioned according to the same sets of rules and technical standards. But the Internet is based on software. And anybody can write a new piece of software on the Internet that years later a billion people are using.
From Marc Andreessen
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.
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.
If I want to get work done, that's usually about 3 in the morning.
Consumers are freeing up an enormous amount of time that they were spending with stereotypical old media, and clearly, that time is going primarily two places: videogames and online.
There's a new generation of entrepreneurs in the Valley who have arrived since 2000, after the dotcom bust. They're completely fearless.
If there's been a crisis in a market, you don't tend to have a new crisis in that market until the people who went through the last crisis aren't in the system anymore.
I'm really excited about anything that is able to address the really big markets, so anything that's universally appealing.
It's much harder these days as a start-up to do physical devices.
Working for a big company is, I believe, much risker than it looks.
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