Welcome to the Lost Decade (for Entrepreneurs, IPOs, and VCs)

Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by rlyboslavsky on Thursday July 15, 2010 @01:21PM (#1518421)

Tom Seibel once said during an interview at Stanford that Big Innovation in software is over. 90s won't come back and another startup of Microsoft/Google is unlikely.

When asked what are the areas of future growth/innovation he said: energy, water management and green technologies.

My take on this is that software has changed so much, that it became kind of enabling/supporting service that nobody can do anything without, i.e. even in green tech field (assuming it indeed is going to be huge) there's plenty of code to be written (and sold)

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Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by liamk on Thursday July 15, 2010 @04:34PM (#1519074)

I'd disagree, Facebook is a great counter point to the "another startup of Microsoft/Google is unlikely". Every 2 years now software seems to be going through huge shifts (web => web 2.0/Cloud => mobile....). With each transition there is a chance to create another MSFT or GOOG.

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Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by http-kid on Thursday July 15, 2010 @01:41PM (#1518491)

What's water management?

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Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by kaib on Thursday July 15, 2010 @02:45PM (#1518706)

In general it seems to refer to the fact that drinking and irrigation water is becoming more scarce in parts of the world and we need both technological and social systems for managing this resource. Aside from pure diminishing of water stock a practical example could be one country building a dam upriver from some other country.

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Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by zandorg on Friday July 16, 2010 @06:48PM (#1522854)

We need the gadget from Waterworld that turns urine into clean water, but somehow doesn't turn sea water into the same...

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Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by Shorel on Thursday July 15, 2010 @05:08PM (#1519196)

Watch this to get an idea of what it can be:

http://www.imdb.com/title/tt0804529/

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Re:Welcome to the Lost Decade (for Entrepreneurs, IPOs, and ... by c00p3r on Thursday July 15, 2010 @11:11PM (#1520097)

1. iPhone.

2. Android.

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