Marc Andreessen discusses his perception of a foundational principle, termed 'the Deal,' underpinning Silicon Valley—a mutual understanding where entrepreneurs innovate, profit, and donate to societal causes. He argues this agreement has unraveled post-2016 due to factors like the rise of 'the Great Awokening,' aggressive political stances by tech employees, and negative media portrayals of the industry. Andreessen attributes this shift to a broader cultural change that has altered the tech sector's relationship with traditional Democratic values, creating tension and revising the original social contract between entrepreneurs and the society they aim to serve.
Nobody ever wrote this down; it was just something everybody understood: You're me, you show up, you're an entrepreneur, you start a company, and if it works, you make a lot of money.
The deal has since fallen apart, he credits this to 'the Great Awokening,' radicalized tech employees, and a turn against the tech industry by media and political figures.
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