Carlin: Wall Street Owns Washington

Retail Stores Will Completely Die, Says Tech Investor Marc Andreessen


Marc Andreessen, the creator of Netscape and a partner of Andreessen Horowitz, isn’t afraid to speak his mind.

 

Andreessen, who is invested in Pinterest, Foursquare and Business Insider, recently discussed the future of commerce with PandoDaily’s Sarah Lacy.

He told her traditional retail stores will die off, and e-commerce stores will be the only way we shop in the future.

We’ve already seen this happen in some categories. Netflix put Blockbuster out of business, Circuit City died out, and physical travel agencies are scarce.

Of course, there’s one problem: e-commerce doesn’t work when you need a last minute item.

Read more: http://www.businessinsider.com/retail-stores-will-die-says-marc-andreessen-2013-1#ixzz2JZbLSHSk

41 Total Views 1 Views Today