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In Good Company with Nicolai Tangen

Marc Andreessen Live at Our Investment Conference: AI, Disruption, US vs. Europe, and Making Money

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 28 April 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Marc Andreessen, a pioneering Silicon Valley entrepreneur and co-founder of the influential venture capital firm Andreessen Horowitz, talks to Nicolai Tangen at our annual investment conference. In this engaging conversation, he shares insights on how to make money in today's economy, the global AI race, the competitiveness between Europe and the US, and much more.

The production team for this episode includes PLAN-B's Pål Huuse and Niklas Figenschau Johansen. Background research was conducted by Kristian Haga.

Check out the full recording of our Investment Conference How to become a better investor | Investment Conference 2024 | Norges Bank Investment Management (youtube.com)






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Transcript

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0:00.0

Hi everybody and welcome to this podcast with Mark Anderson. Mark Anderson, probably the best venture capitalist the world has ever seen.

0:09.2

Now, this conversation took place at the investment seminar that we had in Oslo, and for the rest of the conference, you can find all that on our website.

0:15.9

But the conversation with Mark was super interesting.

0:18.8

We talked about how to make money, who is going to win the AI race,

0:22.2

what's happening between the US and China,

0:24.4

and so on.

0:25.6

Now, normally, these podcasts,

0:27.1

you can run at one and a half time speed,

0:29.5

not with Mark Andreessen.

0:31.3

He is already going max speed.

0:34.5

Tune in.

0:43.3

Music speed. Tune in. Our next guest is a real legend.

0:48.5

Mark Andreessen, probably the best venture capitalists the world has ever seen.

0:58.0

Hi, Mark. Good to see you again.

1:01.0

Hello, good morning. How's everybody?

1:03.0

We are really well, thank you.

1:04.0

Now, Mark, where are we going to make money going forward?

1:09.0

Well, so in our business, the theory is relatively straightforward, which is we make money

1:15.6

on technological disruption. And so we make money when these new startups form and, you know,

1:22.2

either try to go take down a big incumbent or try to create some kind of new market. And so that's what we do.

1:28.3

I think for the world at large, the challenge is just that there's a fundamental supply

1:34.4

demand imbalance between the amount of capital, you know, that seeking productive economic

...

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