“The Business Model Of The Next 10000 Startups”

With technology, it’s easy for investors to miss the important thing. One reason is that new tech comes thick and fast. Most of it isn’t even that important. Every year there’s someone touting this or that new widget, with the potential to change the world and make investors rich. Of course, most of the time the story doesn’t pan out. As a result, investors get sceptical about any technology story. Another reason is that important new technologies are hard to wrap your head around. State of the art new technologies are by definition complicated. So a business with huge potential is sometimes hiding in plain sight, because investors don’t understand what they do. I’m thinking of companies like amazon.com or Tesla Motors here, which escaped investors’ attentions for years before they…

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