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I can't speak to the past, but going forward, information businesses don't need to last forever, they can be useful in "waves". See Myspace/Groupon. Both have f
by lbotos 9y ago
I can't speak to the past, but going forward, information businesses don't need to last forever, they can be useful in "waves". See Myspace/Groupon. Both have fallen out of "favor" but the brands still have value to "late adopters" or maybe even better "those lost to tech". I think we'll see more info businesses do this wave approach that is not about building the next GE, but really about short term exponential capital growth.