Summary of Bloomberg Wealth with David Rubenstein: Marc Andreessen

00:00:00 - 00:20:00

In the Bloomberg Wealth video, David Rubenstein interviews Marc Andreessen, founder of Andreessen Horowitz. They discuss the current state of the venture capital industry, with Rubenstein saying that VCs are smarter and more profitable than in the past. Andreessen talks about how his firm evaluates deals, and how first-time entrepreneurs should approach them. They also discuss the current economic climate and how it may be affecting the industry.

• 00:00:00 Marc Andreessen, founder of Andreessen Horowitz, talks about how his firm evaluates deals, and how first-time entrepreneurs should approach them.
• 00:05:00 In David Rubenstein's opinion, venture capitalists are smarter than they've been in the past, and this is contributing to the high profits being realized by those in the industry. Additionally, the current cycle of investment is unprecedented, with venture capitalists looking to invest in a wide range of startups.
• 00:10:00 David Rubenstein discusses the possibility that the current economy may be in a slowdown, and how venture capitalists have a history of booms and busts. He also discusses how he's a market fundamentalist and doesn't like to prejudge when it comes to investments.
• 00:15:00 David Rubenstein discusses the growth of the venture capital industry, how to judge a good venture fund, and the importance of transparency. He also recommends the Angeles platform for investors interested in the crypto currency space.
• 00:20:00 David Rubenstein, co-founder and managing partner of Andreessen Horowitz, discusses the importance of venture capital, the different types of venture capitalists, and the importance of being good at your job in order to be successful in venture capital.