I have no doubt that the mobile and social web are in inning TWO to borrow from my often used baseball analogy. The veteran venture capitalist in mobile will tell you horror stories and to stay away from this ‘Fekukta’ space, but I just think they were too early. The iPhone was day one of the true smartphone.
As entrepreneurs, investors and people focused on making a living, America, despite all the hip and negative talk that we are broke (we truly are and it matters ), is at the center of the universe for social web and a key growth spot in the smartphone explosion.
There are many exciting ways to invest in the demise of America, it’s why I invest in other currencies and own some metal and commodity stocks, but it’s very crowded. It’s very noisy at the public stock market level. Furthermore, I prefer to invest the bulk of my time and money in growth areas that I understand from the get go and areas that I can be passionately knowledgeable.
As Om Malik perfectly summarizes again today, the ‘Great Internet Buildout Continues ‘…and it’s a great fast read on what’s at stake and what needs to happen. Read it and let’s discuss ideas that will best capitalize on the continued buildout.
There are so many exciting, uncrowded ways to capitalize on just this one simple theme. Despite the bleak all-time high list for me to choose from in the public markets until very recently, my conviction in this trend has my portfolio loaded to the gills in the continued build out and I am having a continued blast being a part of the jetstream.
I have chosen to focus on the ‘Social’ aspect of the buildout and the sales and marketing niches that are developing. That’s where I feel my personal edge is when attached to this sector. I had my Social Web moment in 2005 when I started a blog on Google and got my first few positive comments. I was hooked. Today, those ‘moments’ are coming fast and furious . They are happening at an exponential rate.
To further drive home my thinking, here is a video that I watch often when I get nervous about my lack of recent diversification or conviction in the mostly profitless space to date:
Remember that you can learn to trade and make a living off the public markets, you should develop a real edge in an area of long-term burgeoning growth and participate privately, as an entreprenuer and as a public market investor. That’s how you will create long-term wealth.
Overnight success is a myth.
Social media is not a fad…
But Twitter is.
Social media is not a fad…
But Twitter is.
lol. we will indeed see. i will take the other side of the trade though :)
lol. we will indeed see. i will take the other side of the trade though :)
lol. we will indeed see. i will take the other side of the trade though :)
Social media is not a fad…
But Twitter is.
Social media is not a fad…
But Twitter is.
Great post Howard, thanks for sharing the video and Om's post.
I'm curious to see how social networks turn old media, advertisers, and all the telcos upside down soon. I think what they're going to do to online content is what Amazon has already done to e-commerce.
Similar to what Stocktwits is doing to the financial industry.
Creative destruction FTW in 2009, http://bit.ly/yCYOM – they're not social networks, as much as they are new infrastructure.
Social media is not a fad…
But Twitter is.
Great post Howard, thanks for sharing the video and Om’s post. I’m curious to see how social networks turn old media, advertisers, and all the telcos upside down soon. I think what they’re going to do to online content is what Amazon has already done to e-commerce.Similar to what Stocktwits is doing to the financial industry. Creative destruction FTW in 2009, http://bit.ly/yCYOM – they’re not social networks, as much as they are new infrastructure.
Yes new infrastructure. Will use that in my new post
Yes new infrastructure. Will use that in my new post
Yes new infrastructure. Will use that in my new post
Yes new infrastructure. Will use that in my new post
Great post Howard, thanks for sharing the video and Om’s post. I’m curious to see how social networks turn old media, advertisers, and all the telcos upside down soon. I think what they’re going to do to online content is what Amazon has already done to e-commerce.Similar to what Stocktwits is doing to the financial industry. Creative destruction FTW in 2009, http://bit.ly/yCYOM – they’re not social networks, as much as they are new infrastructure.
Great post Howard, thanks for sharing the video and Om’s post. I’m curious to see how social networks turn old media, advertisers, and all the telcos upside down soon. I think what they’re going to do to online content is what Amazon has already done to e-commerce.Similar to what Stocktwits is doing to the financial industry. Creative destruction FTW in 2009, http://bit.ly/yCYOM – they’re not social networks, as much as they are new infrastructure.
Great post Howard, thanks for sharing the video and Om’s post. I’m curious to see how social networks turn old media, advertisers, and all the telcos upside down soon. I think what they’re going to do to online content is what Amazon has already done to e-commerce.Similar to what Stocktwits is doing to the financial industry. Creative destruction FTW in 2009, http://bit.ly/yCYOM – they’re not social networks, as much as they are new infrastructure.
“Overnight Success is a Myth.” That should be your next book. The thesis should include, “Working all day and night can lead to success …”
Thanks for another great post, Howard.
“Overnight Success is a Myth.” That should be your next book. The thesis should include, “Working all day and night can lead to success …”
Thanks for another great post, Howard.
thx dude. my publisher should have gine with ‘The Twitter Trend’ for my
Wallstrp edge book and it would have been a best seller.
its all in the name
thx dude. my publisher should have gine with ‘The Twitter Trend’ for my
Wallstrp edge book and it would have been a best seller.
its all in the name
thx dude. my publisher should have gine with ‘The Twitter Trend’ for my
Wallstrp edge book and it would have been a best seller.
its all in the name
are you coming to stockcamp?
Wife is not ready for me to leave her with the 10-week old. It sounds like there will be many. True?
Wife is not ready for me to leave her with the 10-week old. It sounds like there will be many. True?
Wife is not ready for me to leave her with the 10-week old. It sounds like there will be many. True?
are you coming to stockcamp?
are you coming to stockcamp?
are you coming to stockcamp?
“Overnight Success is a Myth.” That should be your next book. The thesis should include, “Working all day and night can lead to success …”
Thanks for another great post, Howard.
“Overnight Success is a Myth.” That should be your next book. The thesis should include, “Working all day and night can lead to success …”
Thanks for another great post, Howard.
Yes new infrastructure. Will use that in my new post
lol. we will indeed see. i will take the other side of the trade though :)
thx dude. my publisher should have gine with 'The Twitter Trend' for my
Wallstrp edge book and it would have been a best seller.
its all in the name
are you coming to stockcamp?
Wife is not ready for me to leave her with the 10-week old. It sounds like there will be many. True?
Wife is not ready for me to leave her with the 10-week old. It sounds like there will be many. True?