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| Andreessen: Bubble Believers 'Don't Know What They're Talking About' |
"It's twenty-three at the hostel. But you have to get in earlier than that, because----Hi! Get out, you filthy brute!"
In a 2011 essay in The Wall Street Journal, venture capitalist and Internet pioneer Marc Andreessen predicted that software companies are "eating the world" by replacing old industries with new services that are smarter, faster and cheaper.
She suddenly twisted herself over in the bed, seized a shoe from the floor, and sent it hurtling into the corner with a boyish jerk of her arm, exactly as he had seen her fling the dictionary at Goldstein, that morning during the Two Minutes Hate.
If anything, Andreessen's prophecy is unfolding ahead of schedule. The smartphone is now a portal into a taxi ride, a doctor's appointment or a date.
"What was it?" he said in surprise.
Startups like Airbnb Inc., TaskRabbit Inc. and RelayRides Inc. have used software apps to pioneer a new economy where consumers share their materials and services. Google Inc., GOOG -0.73% the 12th most-valuable company by market capitalization when Mr. Andreessen's essay was published, is now third on that list.
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