If you were a journalist told to go write a big scoop about Silicon Valley, what would it be?
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As someone who’s exited a startup and spent time at large companies. I don’t see ever how large companies can compete, everything takes far longer with worse results. Key is finding small, intelligent teams with big visions and let them iterate. That doesn’t happen at large co
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It started in tech, but it looks like it's going to take over many if not most industries. If so, the world economy is going to be remade.
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The scalability of software doesn’t translate to most other industries so I wonder how this will work.
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That’d be a great article! Why do you think the model started in tech though? Articulating why would make it easier to tease out what the key features of the model are and what is required to bring it to a new industry/sector.
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Every new idea starts somewhere. Many business ideas we take for granted developed within the shipping, petroleum, railway, textile, or banking industries and then were adopted everywhere. The key feature is a lot of smart, ambitious, creative people going into it.
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Even rural electrification in America was done by electric utility “start ups”. Coops formed before the 1936 electrification act were simple private companies funded by neighbors who wanted electricity. Even Columbus himself was a startup. Raising money for his voyages!
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Indeed. Many of the successful companies in Silicon Valley are not in tech per se, but utilizing some tech to rethink and remake old industries and corporate functions: food, pharma, real estate, automotive, finance, insurance, logistics, HR, customer service, sales, marketing...
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