Society Is in the Middle of a ‘Technological Transformation,’ Andreessen Says
Silicon Valley polymath Marc Andreessen talks about tech’s ascendance, crypto and more on “Bloomberg Wealth with David Rubenstein.”
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Marc Andreessen, the venture capital investor and early web pioneer, has an idea for regular investors wondering where to invest their money. “Put it in an S&P 500 Index Fund,” he said. “Don’t get fancy.”
Andreessen, whose VC firm Andreessen Horowitz now counts $18 billion under management, has made some of the most prescient bets in the tech industry. He was an early backer of companies like Twitter Inc. and Facebook Inc., where he sits on the board. But his advice for laypeople is more pedestrian: Investors should “go in very cautiously” to the “very speculative area” of venture capital, he said.