5 ms·
> I can only imagine what the next dozen new categories will be invented in the next 15 years. I don't think 15 years will make that much difference, the econo
by cliveowen 12y ago
> I can only imagine what the next dozen new categories will be invented in the next 15 years.
I don't think 15 years will make that much difference, the economics have changed and have been turned on the head. Today we have this handful of mega corporations with billions of cash in their coffers that are responsible for much of the services used by most of the world everyday and they also reap most of the revenue. Every new entrant even remotely successful it's either squashed or bought out, so I don't think there's there's the potential for a new company to reach the same heights. In fact, I think the market will be exactly the same, if there will be a bunch of new big companies out there, they will likely be started by the same entrepreneurs responsible for today's major ventures, they are the ones with the loads of cash, remember.