WHAT TECH CALLS THINKINGAn Inquiry Into the Intellectual Bedrock of Silicon ValleyBy Adrian Daub

In 2007, the venture capitalist Marc Andreessen argued in a brassy blog post that markets — not personnel, product or pricing — were the only thing a start-up needed to take flight. Teams, he suggested, were a dime a dozen. Products could be barely functional. He even suggested that the laws of supply and demand, the ones that generate price competition, no longer obtained.