Skip to content
Subscriber Only

$50 Android Smartphones Will Start Eating the World This Year, Andreessen Says

Marc Andreessen, who declared that software was eating the world in 2011 and that online-business services were the theme of 2012, has a new prediction for 2013: Cheap smartphones are going to connect the world.

"The $50 Android smartphone is about to hit the market worldwide," Andreessen, the Netscape co-founder turned venture capitalist, said in an interview on Bloomberg TV. "Smartphones are about to be put in the hands of another 3 billion people who don't have them. And that's probably the single biggest thing that's happening right now."