I think a fundamental point missed is that Google, Facebook and the iPhone were better than Altavista, MySpace and the smartphones of the time. The untapped mar

I think a fundamental point missed is that Google, Facebook and the iPhone were better than Altavista, MySpace and the smartphones of the time. The untapped market was unimportant, that's an AOL play. I recall a general frustration that things should be better and a pleasant feeling of confirmation when each of the winners launched. Not unlike AAPL, renewables and 3D printing right now.