Andreessen: Attacking founder-led incumbents is extremely dangerous for startups
Marc Andreessen · a16z Podcast | Ben and Marc Explain (Practically) Everything – Part 2 · Jan 2, 2019 · at 2:52
Marc Andreessen, co-founder of Andreessen Horowitz, discusses why funding startups that compete directly against founder-controlled tech giants is a dangerous venture capital strategy.
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“A very dangerous thing to do is to attack companies that we, that our internal term is the new incumbents. And so it's one thing to, like, go attack, you know, a tech company that's been in business for 50 years that's on its sixth CEO or something like that. It's another thing to go attack Google being run by Larry Page. Because Google being, you know, Larry Page is, like, fully aware of the theory of disruption and in full command of his company, and if, like, he sees a disruptive threat coming, he is quite capable of doing the things to head it off that a, you know, fourth generation professional CEO might not be able to do.”
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