Lundi, 27 Septembre 2010 22:30
Internet Innovation Is Like The Auto Industry In The 1950s — Big, Stagnant Companies Rule
“The Yelp for cellphones will be Yelp. The Google for cellphones will be Google.“
That was Clarium Capital President Peter Thiel talking to our own Sarah Lacy on stage during TechCrunch Disrupt today. His point was that Internet innovation today is much like innovation in the automobile industry in the 1950s and 1960s. That is, there isn’t much — it’s all about the big boys, in Thiel’s mind.
Thiel kept coming back to this point during his talk. Given this, Sarah was especially curious about his early Facebook investment. While Thiel said that he believes that Facebook is currently undervalued at $30 billion, he would think twice about funding a startup like Facebook today. Again, he just doesn’t believe there’s going to be a lot that’s happening that isn’t dominated by the big boys.
At the same time, he said that the bigger tech companies are mostly stagnant. He singled out Microsoft, IBM, Oracle and others in this group. These guys are more interested in voting for the status quo rather than for innovation, in Thiel’s mind.
But Apple, he said, is remarkably still innovating. Facebook is as well mostly thanks to founder/CEO Mark Zuckerberg, who Thiel said reminds him of Steve Jobs. Google is sort of in between stagnation and innovation — and they run the risk of veering towards stagnation if they focus on their search monopoly, Thiel warned.
Thiel is trying to shake this stagnated mentality up a bit by now funding kids to drop out of school. But he still thinks other industries — like the ones from sci-fi in the 50s: space exploration, AI, and biomedical — are the things worth investing in now.
All of this is interesting — and undoubtedly controversial. Or perhaps Thiel just watched Tucker: The Man and His Dreams recently.
CrunchBase InformationPeter ThielInformation provided by CrunchBase
0
0
1
1
2
2
3
3
4
4
5
5
6
6
7
7Authors: MG Siegler
Read 2311 times
Published in
News Technologique-Tech News
More in this category:
« Réferencement : Soyez visible depuis googleMaps
Yours Truly Reimagines Music Videos for Web »
Last WebBuzz
-
WebBuzz du 04/12/2015: Animation stroboscopique de Scultures: Blooms-Blooms Strobe-Animated Sculptures
Read 12771 times
-
WebBuzz du 03/12/2015: Le challenge mobil 1: 240cm avec Jenson button-Mobil 1 challenge 240 cm with Jenson button
Read 12843 times
-
WebBuzz du 02/12/2015: Carpes et poissons chat à Tchernobyl-Chernobyl catfishes and carps
Read 13642 times
-
WebBuzz du 01/12/2015: La porte des étoiles par le groupe playmid-The Playmid's star gate
Read 14146 times
-
WebBuzz du 30/11/2015: Vie sauvage en artique filmé par drone-Wild life in artic recorded by a drone
Read 13422 times
-
WebBuzz du 27/11/2015: Les migrants de Calais: la réalité-The truth about Calais emigrants
Read 10333 times
-
WebBuzz du 26/11/2015: Un batteur vole la veddette-Best drummer ever
Read 7576 times
-
WebBuzz du 25/11/2015: Une cheminée s'écroule sur une pelleteuse-A chimney collapsed on a excavator
Read 12605 times
-
WebBuzz du 24/11/2015: Un cargo perd son ancre-A freighter loose its anchor
Read 7678 times
-
WebBuzz du 23/11/2015: Destruction du super star destroyer en LEGO-Giant Star Wars LEGO Super Star Destroyer Shattered
Read 7803 times
Accusé de reception
bancaires
bilan
cheval
configuration
Confirmation de lecture
copie
copies
Dolibarr
duplicata
EDF
Excel
exim
facture
factures
Firefox
Google cloud print
hameçonnage
IE6
IE7
impression
informatique
itunes
java
linux
luxembourgeois
mac os
MAJ
micosoft
microsoft
Office
Outlook
phishing
quicktime
rappels
relances
seamonkey
serveurs
spécifique
Sécurité
Tentative
thunderbird
troie
utilisant
V322
Vista
Windows
Windows 7
XP/2000 : Activer le pavé numérique
établissements