marc andreessen invented the world's first popular web browser and co-founded netscape, bringing the internet into our lives and changing our world forever. two decades later, he sits on the boards of facebook, hp, and, until recently, ebay. his venture capital firm andreessen-horowitz backs some of the hottest companies, like twitter, airbnb, and pinterest. i sit down with marc andreessen at salesforce's dreamforce conference in this special edition of "studio 1.0." >> i wanted to start with a word of congratulations, because 20 years ago, netscape, which you co-founded, launched. can we get some applause for that? [applause] ushering in the web as we know it. how does that feel? >> it is fantastic. it is so extraordinary. we had a little bit of a glimmer that something might happen, that it might matter, that this internet thing might work out ok. and it turned out it has. >> you have been incredibly productive since. you started a little venture capital firm, andreessen-horowitz. you have also tweeted 33,000 times. >> in? >> in one year. >> thank you. >> which is more than all thr

marc andreessen invented the world's first popular

valley with no job, no money, no real network except that maybe you went to the same school as marc andreessent one point. why did you come here? max: i started four companies on campus. checks every time we would fail, which we consistently did, the founding team more parts of the cofounding team would drop out and go to palo alto. it was this magical place, where even though we failed, we could succeed. emily: the promised land. this is something i didn't realize. paypal is actually your fifth company. what happened to the first four? max: varying degrees of hope-crushing failure. the one before paypal was almost not quite dead. it was still kind of dead. emily: how did paypal get started? max: it was really hot. palo alto gets really hot. san francisco is pretty moderate, but palo alto gets pretty brutal. i would go to stanford and sneak into summer lectures because they were air-conditioned. i snuck into one because i recognized the name of the guy doing the guest lecture. it was peter thiel. he was doing a lecture on currency trading. it turned out to be a really small class. i just chatt

. >> is this an argument you and marc andreessen have? >> we both think technology is important and consequential. he is a bit more serene it is going to somehow involved jobs and opportunities and work out for everybody. i'm confident it is going to work out for people like you and i. people like marc. i am more worried about the consequences for people whose jobs are going to be less supplemented then replaced by what technology is going to generate. i think technology is making it harder to measure with the gdp is and what growth is. it is phenomenally better to be able to choose between tens of thousands of entertainment at home then to watch three channels. but we do not have good ways of measuring that. i always think back to the fact that the automobile only made it into the consumer price index in 1935, 20 years after henry ford. people will look at this moment and point out similar anomalies. >> there are many things to talk about, but i haven't no more time. >> it to be with you. >> back in a moment. stay with us. ♪ >> ayad akht

as much as we have our own doubting thomas onset, there is serious money acting including marc andreesseneceive at on "with all due respect." >> i think bitcoin is a 10-year story, and i'm very bullish on it over the long haul. i think in the short run, there is a lot of growing pains. >> joining us now to discuss the future of bitcoin and their plans to build a nasdaq-like exchange call jim and i are cameron and tyler winklevoss. good morning, guys. thank you for coming. >> morning. >> i need you to start with a defense. the prize has collapsed, there are ties to organized crime, and then you have the currency just disappearing. what should we have faith in that point? >> -- in bitcoin? >> like any technology, we are going through growing pains. we look at 885-year, 10-year time horizon. th -- we look at it in a five-year 10-year horizon. over the long term, it will build an interesting situation. >> tyler, you guys have a fixed your wagon to bitcoin specifically or all currencies? >> right now it is bitcoin, but we do believe there are other currencies as well, but gemini ais an agnosti

this is marc andreessen created mosaic and it unlocked the web. if you look at 3-d printing right?may be taking a downturn but the enabling factor is anybody today, right, can use a 3-d printer. if you can literally color inside the numbers, you can run a 3-d printer. same thing with robotics. used to be computer scientist runs a robot now we have baxter. for first time in history not only can anybody play at scale you don't have to be a technologist. >> but to tellkelly's point is an exponential entrepreneur going to be a good investment all the time? i think of elon musk with tesla. it's everybody's darling until it's not. amazon, for years there's been skepticism about jeff bezos' ability to turn a profit with his company. >> i think the point is the number of players taking on the world's biggest problems and the rate at which we're going from i have got an idea to i run a billion dollar company is faster than ever before. chad hurley starts youtube on his credit card and sells it to google for $1.8 billion. oculus sells to facebook for $2 billion and this kind of velocity of c