- 50x more Internet users (2.4 billion)
- Online connections that are 180x faster (10.5 Mbps)
- Always-on connectivity of mobile (164m US smartphone users)
- We’re all socially connected (so great businesses spread faster)
- We all have one-click purchase power (Apple, Google, Amazon, eBay)
- The VC market has right-sized (returned back to mid 90′s levels & less competition)
- Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed
- But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc)"
(read more at link above)
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