Marc Andreessen is Founder and General Partner at Andreessen Horowitz, and Tim Draper is Founder and Managing Director at Draper VC. And both Marc and Tim were either running or investing in tech startups at the time.
The media is filled with experts comparing today’s market with the dot-com crash of 2000. But few, if any, of these experts actually lived and worked through the dot-com boom and bust.
Marc Andreessen is Founder and General Partner at Andreessen Horowitz, and Tim Draper is Founder and Managing Director at Draper VC. And both Marc and Tim were either running or investing in tech startups at the time.
So, what was it like to experience the dot-com crash? What did Marc and Tim learn that might give us clarity around how to navigate an uncertain economic future?
On this episode of Boost VC, Marc and Tim join us to explore the likelihood that we’re headed into a recession and explain what they’re encouraging founders to do right now.
Marc and Tim discuss the mistakes they made in the early 2000s and describe why a downturn can be good for the best companies.
Listen in for insight on retaining employees in a remote or hybrid setting and get Marc and Tim’s advice on contingency planning to survive an economic crisis—without losing your business.
Topics Covered
Where Marc and Tim go for their media
What Marc was doing in the early 2000s
What Tim was doing in the early 2000s
What it takes to be a successful entrepreneur
The likelihood that we’re headed into a recession
What a16z is encouraging founders to do right now
Tim's experience as an investor in the dot-com crash
The difference between the dot-com crash and 2008
What Marc did right and wrong in the dot-com crash
Why a downturn can be good for the best companies
How to retain employees in a hybrid/remote setting
How tech innovation is flowing out of the Bay Area
How governments are in competition for entrepreneurs
Marc and Tim’s greatest qualities + accomplishments
Connect with Marc
Andreessen Horowitz https://a16z.com/
Andreessen Horowitz on Twitter https://twitter.com/a16z
Marc on Twitter https://twitter.com/pmarca
Connect with Tim
Draper Associates https://www.draper.vc/
Tim on Twitter https://twitter.com/TimDraper
Draper University https://www.draperuniversity.com/
Meet the Drapers https://www.meetthedrapers.com/
Resources
Tom Swift Books https://tomswift.net
The Hard Thing About Hard Things by Ben Horowitz https://www.amazon.com/Hard-Thing-About-Things-Building/dp/0062273205
My Years with General Motors by Alfred Sloan https://www.amazon.com/Years-General-Motors-Alfred-Sloan/dp/0385042353
The a16z Podcast https://future.com/a16z-podcast/
Sarbanes-Oxley Act of 2002 https://www.law.cornell.edu/wex/sarbanes-oxley_act
Draper Innovation Index https://index.draperhero.org/
Connect with Boost VC
Boost VC Website https://www.boost.vc/
Boost VC on Facebook https://www.facebook.com/boostvc/
Boost VC on Twitter https://twitter.com/BoostVC
Boost VC on Instagram https://www.instagram.com/boost_vc/