Marc Andreessen

speaker
25,592 appearances 50 recordings 3 series first heard Oct 2024 last heard 1 Aug

Marc Andreessen’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 26 in all, peaking in Jan 2026 with 6.

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Overfunding is actually just as dangerous or more dangerous than underfunding, number one.
And then number two, look, the problem with
These high valuations is like, okay, God help you if you need to clear the bar next time and you can't.
Every round sets a post, it sets sets a threshold, a hurdle for being able to raise in the future.
And like, and you know, this is something that people learn every cycle, you know, kind of for the first time in a hard way.
No new investor wants to do a down round in anybody else's company.
If you put the the investor hat on and you're like, I'm gonna go do a down round in this company because I'm gonna be the hero and save the company or whatever, because it it raised too high last time, and now I'm gonna do the
Rational investment, like everybody's just gonna hate me.
gonna hate me.
Like the employees are gonna hate me, the other investors are gonna hate me, right?
The founders are gonna end up hating me.
So nobody ever doves a down round in somebody else's company.
And so setting these posts high is is intrinsically a problem.
Once again, I would say this is advice that generally people completely disregard.
There are problems like that in the system now, and there will be more problems in the future.
Having said that, I will tell you, at least on the venture side, growth is a little bit different.
On the venture side, I think.
I think every time we passed on a promising venture company over price, I think it's been a mistake.
Have the best companies.
been the
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