The part that I found most interesting was the idea that we're moving away from low-capital startups.
Does that mean venture capital is going to have to get much bigger to fund these ventures? Does it suggest the ballooning of worldwide VC funding isn't just a bubble? (There's a really interesting chart in WSJ that I can't find right now). And will a few massive VCs become more powerful while smaller ones fizzle? What about ycombinator?
Does it mean that technical talent will be more or less valuable? Much more talent will be needed, but there's probably less opportunity to build a massive business with a few talented geeks as the low-hanging software fruit is probably plucked. Talented developers might be less critical to business success.
Does that mean venture capital is going to have to get much bigger to fund these ventures? Does it suggest the ballooning of worldwide VC funding isn't just a bubble? (There's a really interesting chart in WSJ that I can't find right now). And will a few massive VCs become more powerful while smaller ones fizzle? What about ycombinator?
Does it mean that technical talent will be more or less valuable? Much more talent will be needed, but there's probably less opportunity to build a massive business with a few talented geeks as the low-hanging software fruit is probably plucked. Talented developers might be less critical to business success.