January 26, 2010
One of the fun things about life in startup land is when a new wave of technology shows up such that startups who “get it” have an unfair advantage against incumbents who don’t.
Just like the first wave of Internet winners had this unfair advantage against the mainstream media companies who tried, unsuccessfully, to launch major web destinations, I would argue that the Social Web is a similar seachange on the net which will give rise to a slew of startups that will disrupt incumbents across a number of online verticals. Clearly we are already seeing it in with games, but, mark my word, it is coming fast in a number of different areas, both consumer and enterprise.
Whether it be games, dating, jobs, music, travel, consumer electronics, education, you name it, I am a big believer that companies that are built from scratch to leverage the social web will have an unfair advantage against legacy incumbents trying to retrofit social. I don’t think that works.