Failed early internet businesses seem awfully familiar.
> I basically think all the ideas of the 90s that everybody had about how this stuff was going to work, I think they were all right, they were all correct. I think they were just early — @pmarca
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And a greater supply of people (like uber drivers) who are unaware of the true costs of providing the service (insurance, maintenance, etc.) or who are simply willing to work cheaper ($15/hr all in) vs. a "web van" owned by company ( guessing: $50/hr)
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Also needed dotcom bubble to lead to housing crisis to lead to recession to lead to indentured servitude culture to lead to us gig economy at scale
End of conversation
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Business models impacts too. look at amazon
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Also, sometimes a small detail can be the sticking point. Think of touch screens and how much more valuable it makes the smartphone- and yet few would have thought a touchscreen would even be workable let alone worthwhile to develop. But now, who would go back?
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Can you think of any flops in the past 2-3 years that we’ll revisit in another 15 years? I want to start work just in time
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