Mike Butcher writing in TechCrunch:
The internet enables dramatic change in the way that businesses can operate – this is what I have called the new ‘physics of business’.But in any given sector, if that change is going to happen, a number of forces need to be working together. The most critical of these is a healthy cadre of entrepreneurs.Indeed, the commercial story of the internet is also the story of how a remarkably small number of entrepreneurs have caused a remarkably large amount of upheaval, and reated a quite spectacular amount of value as a result.
Larry Page and Sergey Brin, Jerry Yang and David Filo, Niklas Zennstrom and Janus Friis, Mark Zuckerberg, Jeff Bezos, Pierre Omidyar, Reed Hastings, Marc Benioff (Salesforce.com), Andrew Black and Edward Ray (Befair), Craig Newmark and Jim Buckmaster, Natalie Massenet (Net-a-porter),Tony Hsieh (Zappos.com), Evan Williams and Mark Pincus.
The list could fit on the back of a napkin, but this gang have between them created hundreds of billions of dollars of shareholder value. Just as importantly, but they have done so by disrupting the sectors they operate in – from advertising to gambling; high-fashion retail to enterprise software; movie rental to telephony – none will quite be the same again...[continue reading]
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