How Unicorns Helped Me Beat the Market
My family bought our first computer in the early 90s. I just played games on it because the internet didn’t really exist yet. It was around this time Marc Andreessen was coding the first Web browser which became Netscape Navigator. Then the internet took off and Microsoft released Internet Explorer to compete against Navigator.
Microsoft eventually won, and Andreessen left to form a venture-capital firm in Silicon Valley. With his buddy Ben Horowitz they started investing in startups. Because V.C.s make a lot of money when they give money to an entrepreneur who creates the next Airbnb or...