#129 Marc Andreessen: Interview with an Icon

What each of the top venture capitalists of all time has in common is each of them missed almost all of the great deals of their generation. We see this a lot. We do performance reviews, right? We do performance reviews and so it's like, Well, they've made ten investments and you know, one of them is this this just this huge success and the other nine are like, you know, sucking whip. And it's like okay, is this a good venture capitalist or a bad venture capitalist? And it's like well In any domain that's not probabilistic, you say this person's terrible, right? You know, it's batting average of like a hundred, you know, out of a thousand. It's like this person's awful. Um and and there's always the temptation to say, well, this one thing that's working is it's like it's a fluke, right? And so who knows whether they'll ever get it again. And it's at that point where I put my hand up and I say, We're in the fluke business. The whole point of this is to get the flukes.

You don't have to score a hundred percent. And and not having to score a hundred percent basically means you can take chances. Welcome to the Knowledge Project Podcast. I'm your host, Shane Parrish. The goal of this show is to master the best of what other people have already figured out, so that you can unlock your potential. We interview world-class doers and thinkers who can better analyze problems, seize opportunities, and live a more meaningful life. Every episode is packed with lessons and insights that never expire.

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