Venture Desktop’s Post

Very unique perspective on the implications of the maturation of the internet from @absoluttig:

What are the practical consequences of the Internet’s shift towards maturation? We can look through financial and cultural lenses to better understand the implications. We’ll see an acceleration of zero-sum games between Internet startups and incumbents. A shift from R&D to SG&A will operationalize Silicon Valley, leaving room for new financial infrastructure. VCs will need to take risks on vision, not numbers. And the founders and operators of tomorrow won’t look like those of the past 20 years.

I’ve seen this type of case made before in bits and pieces (ex. CAC inflation or the increasing financialization of Silicon Valley) but never so comprehensively and convincingly.

Highly recommend…

https://ift.tt/3cDFsqQ

h/t @Aashaysanghvi ____ Very unique perspective on the implications of the maturation of the internet from @absoluttig:

What are the practical consequences of the Internet’s shift towards maturation? We can look through financial and cultural lenses to better understand the implications. We’ll see an acceleration of zero-sum games between Internet startups and incumbents. A shift from R&D to SG&A will operationalize Silicon Valley, leaving room for new financial infrastructure. VCs will need to take risks on vision, not numbers. And the founders and operators of tomorrow won’t look like those of the past 20 years.

I've seen this type of case made before in bits and pieces (ex. CAC inflation or the increasing financialization of Silicon Valley) but never so comprehensively and convincingly.

Highly recommend…

https://luttig.substack.com/p/when-tailwinds-vanish

h/t @Aashaysanghvi
By: via Venture Desktop