Looking for the next Facebook
Interesting little segment about what Jim Breyer of venture capital firm Accel Partners thinks is important to invest in. For Mr. Breyer it seems like the most important thing is investing in a new fundamental discontinuity platforms. In other words, what you want to do to get funded by Accel is to create a platform that builds on top of a new technology paradigm shift. An example of a platform during a paradigm shift was Microsoft when the personal computer was being introduced into the market because Windows became the PC platform. Why is the "platform" such a important aspect? Probably because it probably means that the product inherently has the potential to be feature rich. It's probably why Apple released the SDK for the iPhone and why Facebook skyrocketed when they released their API for applications.
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