I had lunch with a very successful technology investor friend of mine and he made a very interesting comment. He pointed out that he no longer hears about startup companies trying to “change consumer behavior” anymore. Smart companies that he sees are instead trying to capitalize on changes in consumer behavior. I think that there is more here than meets the eye.
Month: May 2003
Cheer Up, Silicon Valley
I am hesitant to write this article as so many smart people have opined on this topic of the future of the IT industry. Larry Ellison raised quite a stir by his recent comments about “the end of Silicon Valley as we know it” and its implications for IT companies. The venerable New York Times Magazine has declared that IT is a “maturing” industry and even goes so far as to sugges that the IT industry might go the way of the railroad (click here for the full article). I don’t necessarily agree with the conclusions that the authors reach, but there are some good lessons to be learned here.