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Netscape founder, Mark Andreessen, On technology funding and baseball

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  • The whole structure of how the technology industry gets funded – by venture capitalists, angel investors, and Wall Street – is predicated on the baseball model. Out of ten swings at bat, you get maybe seven strikeouts, two base hits, and, if you are lucky, one home run. The base hits and the home run pay for all the strike outs.

  • — Netscape founder, Mark Andreessen, On technology funding and baseball
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As chairman, Case was, in title, a notch above Levin, the CEO, on the organizational chart. And yet, Case felt that Levin treated him not only as a non-executive, but as a nonentity. As with so many things in corporate life, it came down not to money or power, but to pride.

—Alec Klein
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