What The Bubble Got Right
dtolton writes "Paul Graham has written an article entitled What the Bubble Got Right. In recent years the roaring tech bubble has become a byword, yet Paul does an excellent job of articulating what it got right."
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"Winning depended not on doing good work, but on gaining control of some bottleneck."
Hear. Hear.
Business isn't willing to pay for products, innovation and careers, so we get brands, mortgage commercials and layoffs.
Here is an alternative analysis of the Internet bubble.
Here is an alternative analysis of the Internet bubble.
Here is an alternative analysis of the Internet bubble.
Here is an alternative analysis of the Internet bubble.
Such as the celebrated South Sea Bubble of 1711-1720, referred to in the article.
What kind of jargon is RTFA?
It's why VHS won out over Betamax.
Only Sony made Beta decks. Everyone else made VHS.
It's why Microsoft won out over Macintosh.
Only Apple made Macs. Everyone else made x86 PCs that could run DOS and Windows.
It's not Marketing's fault when people prefer a broader market to a niche market.