Marc Andreessen, Co-founder of Andreessen Horowitz
Biography
Marc Andreessen is co-founder of Andreessen Horowitz, a Silicon Valley Venture Capital firm. Marc is widely known for co-founding Netscape, which was the first widely used web browser. Netscape was sold to AOL for $4.2 Billion.He founded several other companies previously, one being Opsware which he sold to Hewlett-Packard Andreessen is on the Board of Directors at Hewlet-Packard, eBay, and Facebook.
Marc went to the University of Illinois and graduated with a degree in computer science.
He is widely outspoken to be a proponent of Bitcoin.
Marc Andreessen has confirmed investing close to $50 Million in Bitcoin related start-ups.
Twitter: @pmarca
Marc Andreessen Bitcoin Quotes
- “Bitcoin is still working today, just as it was last year, and the year before that, and the year before that. By all of the noise and all of the stuff and all of the crashes and this and that and the other thing. It just continues to work. It just is. Its becoming like air or water. It just is. Like it or hate it. It just is. We are very excited and are going to continue to bet against it.” 2018 [source]
- “Bitcoin is a classic network effect, a positive feedback loop. The more people who use Bitcoin, the more valuable Bitcoin is for everyone who uses it, and the higher the incentive for the next user to start using the technology. Bitcoin shares this network effect property with the telephone system, the web, and popular internet services like eBay and Facebook.” 2018: [source]
- “I compare it to the Internet. The Internet was a new way to transmit data. Bitcoins a new way to transmit money. It’s going to take a long time. The good news it’s a big opportunity. Money is a very big deal, so if you can build a new way to deal with money, it’s very important and valuable. It just takes time.” 2014: {source]
- “The new things just look weird and scary…the exact same thing happened with the early internet” 2014 [source]
- “The smart people in the Government have figured out that Bitcoin may be an enormous ally to them, especially to counter terrorism.” 2014 [source]
Involvement with Bitcoin
- Marc Andreessen has deployed close to $50 million in Bitcoin related startups [source]
- He has also Launched a $350 million crypto currency fund and is a founding member of the Libra Association [source]
Media Sources
- Marc Andreessen on Bitcoin, Money, and God with Tim Ferris: 2018 [source]
- Marc Andreessen is in Bitcoin for the long run: 2014 [source]
- Marc Andreessen sings Bitcoin Praises: 2014 [source]
- Marc Andreessen is excited about Bitcoin; 2014 [source]
- Bitcoin Fireside Chat with Marc Andreessen: 2014 [source]
- Marc Andreessen and Tim Ferris Interview: 2016 [source]
Related Bitcoin Quotes