4/ What they do instead is *create* frontier land, sparking land-grab economic races.
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5/ Twitter "running a clown car into a gold mine" is closer to Columbus (yeah yeah) discovering America than a company executing on an idea
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6/ Unix shell is a more subtle example, but I mean it in the sense of "every shell command becomes a unicorn business" (who said that? PG?)
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7/ One reason these entities "fail" as both business and utility entities is that they discover territories too vast for one entity to own
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8/ Pattern already clear with Craigslist: it doesn't get "disrupted". Instead companies like AirBnB bite off chunks small enough for 1 corp
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9/ Twitter "failing" to own the revolutions it obviously caused (messaging, bots) isn't a failure really if viewed that way.
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10/ People who think Slack, Snapchat etc. have "stolen" Twitter's business are both right and wrong. Right because it's prima facie true...
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11/ Wrong because it's very incomplete. There's like 10-15 Slack/Snapchat sized businesses left to carve out of the "Twitter continent"
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12/ Examples: Nobody has "pulled a Slack" on "political revolutions" product that's inside Twitter, or the "nascent community" product
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13/ Proposed lifecycle for such sector squatting precorps, which I will call Supernovas
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14/ Why? Supernovas are stars that are too massive to live long. They blow up young, create raw material for plurality of successor entities
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15/ Lifecycle: a gas nebula of raw potential coalesces into a too-big super-entity that burns super fast creating lots of possibilities
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16/ Next, it undergoes gravitational collapse, blows up, creating a life-forming complex soup of atoms of dizzying variety
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