One of the biggest things people don't understand about startups is how far they have spread beyond classic "tech."
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There's more room to delight customers in a domain where the incumbents are lazy.
Since incumbents can't win by making something better, the ultimate limit to the spread of startups may be regulatory capture. E.g. Airbnb.
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It's a challenge to write an essay in which each 140 chars works by itself. Not an impossible one, but it does make the tone a bit oracular.
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Don’t you sound oracular in longer form as well?
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You seem to be really fond of Airbnb. I worked there, I like the service. But Airbnb itself illustrates certain limits of startups.
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Holding very large pools of assets is tough for startups. That could be real estate, cars, staff...
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Incumbents can buy the startup (such as Waze, bought by Google or AppDynamics, bought by Cisco)
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