9. 8
Disruptive companies offer LESS
functionality & compete with
“non consumption”
See: http://www.bothsidesofthetable.com/2011/12/22/the-amazing-power-of-deflationary-economics-for-startups/
10. It’s why the TV industry still can’t
get its head around
9
1 billion monthly uniques
4 billion hours
> 150 videos watched / year for every human
11. 10
3.4 billion
video
views /
month
> 25,000
video
creators
250 million
subscribers
80%
audience
13-34
40%
mobile
13. Of course we now know that 1/3rd of world is
now online
12Sources: U.S. Bureau of the Census, World Bank
44
411
1,019
2,019
2,291
1995 2000 2005 2010 2012
World Internet users (M)
14. 13
And per Mary Meeker’s slides we know the
audience (& opportunity) is now global
15. 14
In just 4
years 71%
of the
world’s
literate
population
will have a
smart
phone
Source: Benedict Evans (http://www.slideshare.net/bge20/2013-05-bea)
16. 15
Incumbents simply find it too hard
give up juicy margins
NetworkPrices /
Margin
Startups should focus
on non-consumption &
they will find it hard to
compete
18. 17
Student debt in US along = $1 trillion. $100
million new / year. 2x rate of 10 years ago.
19. 18Source: the Atlantic: http://www.theatlantic.com/business/archive/2012/10/europes-most-tragic-graph-greek-youth-unemployment-hits-55/263118/
We are risking an entire generation who
don’t get on the career ladder
20. 19
The sharing economy isn’t new. It’s
just more urgent
Un / under-employment
Debt
Globalization
Scarce Resources
Transparency
Demographics
And it’s not going away
22. When governments can no longer
properly look after their people,
people will look for themselves
Capitalism.
21
23. In the past forced migrations were
the only answer *
22
Increasingly IT-
enabled people
can tap into global
demand networks * We are of course seeing a world of digital have’s and
have-not’s. Mobile phones bridge this gap. Who will
develop services for the worlds poorest?
25. The sharing economy will have new
“market-makers”
Will they all be benevolent in the
future?
Market forces, transparency & new
disruptions must keep them in check
24
26. 25
Radio. Television. Telephony. Twitter. It’s
the natural extension to a global,
transparent world.
Open = empowered. But also aware. And
disenfranchised.
27. Of course all of this open data can be mined
in real time. For business. And government.
For marketplaces this can help with trust,
authority, safety, marketing, & planning.
Note: I’m a proud investor in DataSift
39. By removing physical boundaries you
create win-win opportunities for both
instructors & students
38
Example Industries:
Education
Music Lessons
Personal Trainers
Psychologists