Conversations With Coleman

Woke Capital with Marc Andreessen

Mar 4, 2023
Entrepreneur and venture capital investor, Marc Andreessen, discusses venture capital underperformance, flat company structures, George Orwell's 'Homage to Catalonia', the rise of woke capitalism, generative AI's impact on creativity, and the role of stubbornness in his career.
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INSIGHT

VC Overfunding

  • Venture capital is perpetually overfunded, leading to low average returns.
  • There's a mismatch between available capital and truly innovative ideas/entrepreneurs.
INSIGHT

Missing Elons

  • There's a shortage of exceptional entrepreneurs like Elon Musk.
  • Society questions whether it truly desires rapid change and disruption.
ANECDOTE

Anarchists vs. Communists

  • George Orwell's "Homage to Catalonia" details the Spanish Civil War anarchist army's flat structure.
  • Despite initial success, the anarchists ultimately lost to the more hierarchical communists.
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