Mike Arington talks about TechCrunch

What’s next for web applications?

Ones to watch

What were they thinking? (i.e. Not doing well)

Shared attributes of winners

  • Passion for what they are doing
  • Doing something extraordinary (Purple Cow)
  • Removes serious friction Ex: Free411 – removing payment friction
  • Great founder dynamics (and initial team)
  • Never raised big money, or raised it after they won
  • Perfect revenue model is not required Ex: YouTube
  • And… launched their company with a post on TechCrunch :)

Shared attributes of losers

  • Poor founder/Team Choices
  • Lifestyle/Ego Entrepreneurs
  • Raised too much money
  • Over-business-planned
  • Forgot about scaling
  • Launched on TechCrunch :(

Things to avoid (the market is saturated):

  • Social Network
  • Social Bookmarks
  • Video
  • Photos
  • Blogging/podcasting
  • Portals/homepages
  • Feedreaders

Ideas with big potential:

  • Platforms (help other companies do things)
  • Desktop Apps
  • Office Efficiency
  • Cloud Storage
  • Identity
  • Developer Tools
  • Market Destruction (free411)
  • ENTERPRISE

The best entrepreneurs ignore this type of advice. Invent a new market.


1 Response to “Future of Web Apps 2006 - Mike Arington Talks about TechCrunch”

  1. Tim Bednar Says:
    What did you or he mean with "Identity" or "Platforms" or "Office Efficiency". Or where here do you see an opening in the "church" sector?

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