
Andreessen: “The nature of the modern economy is we have what Ben Bernanke called the global savings glut. We’ve just got this massive oversupply of capital that was generated by the last few hundred years of economic activity, and there’s only one Elon. There’s just this massive supply-demand imbalance between the amount of capital that needs to generate a return and the actual number of viable investable projects and great entrepreneurs to actually create those projects We certainly don’t have enough flying car startups, we also don’t have enough art startups. We need more of all of this. I don’t think there’s a trade-off, we need more of all of it.”