Marc Andreessen - Making the Future

**Patrick O'Shaughnessy** (0:00)
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Hello and welcome everyone. I'm Patrick O'Shaughnessy and this is Invest Like the Best. This show is an open-ended exploration of markets, ideas, stories and strategies that will help you better invest both your time and your money. Invest Like the Best is part of the Colossus family of podcasts and you can access all our podcasts including edited transcripts, show notes and other resources to keep learning at joincolossus.com.

**SPEAKER_3** (2:49)
Patrick O'Shaughnessy is the CEO of O'Shaughnessy Asset Management. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of O'Shaughnessy Asset Management. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
Clients of O'Shaughnessy Asset Management may maintain positions in the securities discussed in this podcast.

**Patrick O'Shaughnessy** (3:14)
My guest today is Silicon Valley icon Marc Andreessen. Before co-founding the venture capital firm Andreessen Horowitz, Marc was an early pioneer of the Internet. At age 22, he built Mosaic, the first widely adopted web browser and the technology that underpinned Netscape Communications.
Marc was an early proponent of cloud computing, social networks and the software business model. In each case, Marc seemed to be well ahead of the crowd. During our conversation, we explore how software is making the world better, how slow sectors like education, health care and housing are eating the economy, and Marc's vision for the future of A16Z. Please enjoy my conversation with Marc Andreessen.
Before we transition to the episode, I also wanted to highlight our newest series, Business Breakdowns. Each week, we do a deep dive into an individual business to understand what makes it great.
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So Marc, we're going to cover a ton of territory today. I'm going to start with some of your iconic ideas and we'll start with maybe your most famous, which is this concept of software eating the world. I want to focus on the middle word, eating. I think everyone understands software, people understand the world. Could you describe exactly what you mean by eating? Like what is literally happening here?