> Then I need to understand why the current technology cycle is fundamentally, essentially different from previous ones. A business needed to bring in more mone

> Then I need to understand why the current technology cycle is fundamentally, essentially different from previous ones. A business needed to bring in more money than it spent 30 years ago just the same as it does today. The barriers to entry and growth are radically different. As a result, there is more competition and faster growth at all company scales. So businesses have to scale their velocity accordingly. >Start-ups rely on networking but by network effects I'm referring to a very specific phenemenon Which is moot: the competitive effects of brand awareness and economies of scale don't disappear because one chooses not to consider them.