Many interesting ideas in this Marc Andreessen’s video about what’s happening in the Valley and the startup ecosystem (past, present and future). Great coneversation.
These are the 4 ideas I considered more remarkable:
- The crisis is not affecting Silicon Valley that much because companies here don’t work with debt, they have equity
- We should let traditional banks die and create a new wave of virtual-online-banks.
- Kill the print edition. The game is over. The New York Times should stop the printing business and go 100% online.
- Innovation is actually alive and well (Cloud Computing, Facebook, Wii…). It’s a cascading. It’s a layering effect. Every layer of new technology makes another layer of innovation
Find the complete transcript at TechCrunch.com
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