3 dispatches
Source: Eric Hamilton Having been lucky enough to invest in both tech (cloud, mobile, software) and “deeptech” (materials, cleantech, energy, life science) startups (and having also ran product at a mobile app startup), it has been striking to see how fundamentally different the paradigms that drive success in each are.
Technology in the 1990s and early 2000s marched to the beat of an Intel-and-Microsoft-led drum. Source: IT Portal Intel would release new chips at a regular cadence: each cheaper, faster, and more energy efficient than the last. This would let Microsoft push out new, more performance-hungry software, which would, in turn, get customers to want Intel’s next, more awesome chip.
A cab driver the other day went off on me with a rant about how new smartphone users were all smug, arrogant gadget snobs for using phones that did more than just make phone calls. “Why you gotta need more than just the phone?”, he asked. While he was probably right on the money with the “smug”, “arrogant”, and “snob” part of the description of smartphone users (at least it...