Too Long; Didn't Read
Fred Wilson wrote in AVC blog about technical innovation, business model innovation, and the last two big waves we had in the tech industry: The move from desktop computing to the web was largely a technical innovation. But we don't see a similar successful business model that can accelerate the technology and make it accessible to the public. I am excited about the move to crypto based business models supporting decentralized apps for this very reason. I think it opens up the possibility that some very large new companies will be created that innovate largely on entirely new business models.