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In what areas are the massive fortunes of the future going to be made?

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Re: In what areas are the massive fortunes of the future going to be made?

#101
post #79
post #9

Earlier quoted context omitted.

The cliche phrase "software is eating the world" doesn't quite do the future justice. "Startups in industries that didn't previously have them" does it much better: that's agriculture (Sourcerly), payments (WePay, Stripe, Balanced, Slidepay, Square), lending (LendUp, Lending Club), startup investing (Anglelist, WeFunder), banking (Palintir, Standard Treasury), insurance (Oscar) fashion (La Tote, Crowdery), and more.…

I assume by "startups", you mean Silicon Valley-style tech startups? If we're taking Eric Ries' definition of startup, then agriculture might be the first industry to ever have startups and thousands of years ago, at that.

http://www.paulgraham.com/growth.html
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