Marc Andreessen

“Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). It's the weirdest bubble when everyone hates everything.”

“Working for a big company is, I believe, much risker than it looks.”

“In the next 10 years, I expect at least five billion people worldwide to own smartphones, giving every individual with such a phone instant access to the full power of the Internet, every moment of every day.”

“There is a constant need for new systems and new software.”

“These days, you have the option of staying home, blogging in your underwear, and not having your words mangled. I think I like the direction things are headed.”

“Practically everyone is going to have a general purpose computer in their pocket, it's so easy to underestimate that, that has got to be the really, really big one.”

“China should be another United States from an economic standpoint. Beijing should be another Silicon Valley.”

“Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high.”

“Once you understand that everybody's going to get connected, a lot of things follow from that. If everybody gets the Internet, they end up with a browser, so they look at web pages - but they can also leave comments, create web pages. They can even host their own server! So not only is everybody consuming, they can also produce.”

“No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult.”

“There was a point in the late '90s where all the graduating M.B.A.'s wanted to start companies in Silicon Valley, and for the most part they were not actually qualified to do it.”

“I know where I'm putting my money.”

“It's much harder these days as a start-up to do physical devices.”

“If I want to get work done, that's usually about 3 in the morning.”

“I am bullish on the global development. I am bullish on billions of people getting out of poverty.”

“There's always more demands than there's time to meet them, so it's constantly a matter of trying to balance them.”

“Technology is like water; it wants to find its level. So if you hook up your computer to a billion other computers, it just makes sense that a tremendous share of the resources you want to use - not only text or media but processing power too - will be located remotely.”

“To bring out a new technology for consumers first, you just had a very long road to go down to try to find people who actually would pay money for something.”

“Entrepreneurs say in an economic boom it's actually hard to build a company because everybody's too excited and there is too much money funding too many marginal companies.”

“A lot of things you want to do as part of daily life can now be done over the Internet.”