Re:MOG CEO David Hyman Responds To imeem’s Dalton Caldwell
by replicatorblog on Thursday October 21, 2010 @11:29PM
(#1818456)
Totally agree, I made a presentation called "Web 3.D" which basically talked about how lucrative opportunities existed in areas where web service overlapped with physical goods. If you start at slide 35 in this presentation, I made a visual comparison of industry size vs. number of market entrants. Music, a shrinking $9B industry has hundreds of startups. Jewelry, a $60B industry has 2. There are some good reasons for this, but the industries are imbalanced.
http://www.slideshare.net/josephflaherty/web-3d-presentation...
One of my personal goals for doing the talk is to get people thinking that way. I wish someone would had gotten me thinking that way years ago.
I wanted to put a quote from Aaron Patzer in my talk, but didnt have enough time.
Here is the quote: "For other entrepreneurs aspiring to such an exit Patzer advises solving a real problem. “When I founded Mint there were a ton of startups in the social networking space, and in streaming music,” he says. “I found something that was a real problem for me and I knew for millions of others, and I solved it.”