Marc Andreessen

You know, we do learn from mistakes, but the problem is learning from mistakes, sometimes it's good and sometimes it's bad, right?

You know, we do learn from mistakes, but the problem is learning from mistakes, sometimes it's good and sometimes it's bad, right?

And if you just talk business for a moment, like in the venture mindset, this is a very big problem.

And if you just talk business for a moment, like in the venture mindset, this is a very big problem.

There's a founder version of the mistake.

There's a founder version of the mistake.

There's a venture version of the mistake.

There's a venture version of the mistake.

The founder version of the mistake is if a founder starts a company in a category and the founder doesn't work, the founder is then emotionally angry at that category for the rest of his life and will not acknowledge when there's something that's going to work in that category.

The founder version of the mistake is if a founder starts a company in a category and the founder doesn't work, the founder is then emotionally angry at that category for the rest of his life and will not acknowledge when there's something that's going to work in that category.

And I've just seen that like over and over and over again.

And I've just seen that like over and over and over again.

And that's fine because most founders go on to do other things and that's fine and good.

And that's fine because most founders go on to do other things and that's fine and good.

And it generally doesn't damage them from a business standpoint.

And it generally doesn't damage them from a business standpoint.

In venture, the same thing happens.

In venture, the same thing happens.

If you invest in a category or if you invest in a kind of company or you invest in a kind of founder and it doesn't go well, it's extremely easy to learn from the mistake, right?

If you invest in a category or if you invest in a kind of company or you invest in a kind of founder and it doesn't go well, it's extremely easy to learn from the mistake, right?