Marc Andreessen

6 points · 3 appearances · 2014–2025 · changed view

“There's what's called the installation phase and there's what's called the deployment phase. And it turns out in every single case — and this includes railroads and, like, lots, electricity and steam engines and lots of prior new fundamental technologies — there's always this just gigantic bubble and then crash kind of halfway through. And historically that marks the transition from the installation phase to the deployment state.”

6 points · 3 appearances · 2023–2025 · changed view

“It turns out that there were another set of people who very badly wanted to outlaw alcohol in those days, and those were the Bootleggers, which was organized crime; this stood to make a huge amount of money if legal alcohol sales were banned.”