VC Pitches in a Year or Two
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VC Pitches in a Year or Two
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Re: VC Pitches in a Year or Two
#2While I agree with his premise, there are already industries that used to be startup focused where there is a gatekeeper. E-commerce has Amazon, advertising has Google (and possibly Facebook), which already destroy new startups before they really get started through this same VC mindset. It seems to me that the balance of power is just moving up the line a bit to industries where VC's have little to no power to influence.
Re: VC Pitches in a Year or Two
#3I'd like to believe that many European entrepreneurs will reconsider going to the US to start a company. The European Parliament and the Commission have been straight shooters with net neutrality and they will not consent telcos to play with the pipes.
Re: VC Pitches in a Year or Two
#4While I agree with his premise, there are already industries that used to be startup focused where there is a gatekeeper. E-commerce has Amazon, advertising has Google (and possibly Facebook), which already destroy new startups before they really get started through this same VC mindset. It seems to me that the balance of power is just moving up the line a bit to industries where VC's have little to no power to influ…
The power isn't moving up, but turning the model into a pay-to-play one. The economics for US startups and businesses overall will change considerably (for worse).
Re: VC Pitches in a Year or Two
#5I'd like to believe that many European entrepreneurs will reconsider going to the US to start a company. The European Parliament and the Commission have been straight shooters with net neutrality and they will not consent telcos to play with the pipes.
Still, if you're located in Europe but want to target the US audience as well (a huge market), you're going to be affected anyway.
Re: VC Pitches in a Year or Two
#6Facebook already does this in india. I remember seeing an advertisement of a telco that said you wont be charged for data for facebook. Does this means that India already had this non neutral internet? It didn't change the scenario much here.
Re: VC Pitches in a Year or Two
#7I'd like to believe that many European entrepreneurs will reconsider going to the US to start a company. The European Parliament and the Commission have been straight shooters with net neutrality and they will not consent telcos to play with the pipes.
Still, if you're located in Europe but want to target the US audience as well (a huge market), you're going to be affected anyway.
Yes, but it's rarely the case. US startups don't target any other places outside the US at first. The friction to start is in the US not in Europe.
Re: VC Pitches in a Year or Two
#8The issue of Net neutrality is a global phenomenon/risk. Telcos in Nigeria abuse their positions as the primary carrier of data and they are protected by having 'licenses'
MTN and Rocket Internet recently tied a deal. I wrote about the risk here
http://oonwoye.com/2013/12/17/mtn-rocket-internet-deal-worri...
Re: VC Pitches in a Year or Two
#9I hear him, Internet could become a caste system for businesses. But from what I understood, the ruling was more about the FCC trying to bend rules to accomodate everyone with carrier types (common carrier?). Yesterday's ruling raised awareness but the game is far from over.
Re: VC Pitches in a Year or Two
#10This is already reality in some countries. Like India for instance.
1st Indian entrepreneur: I plan to launch a search engine that understands Indian languages and contexts better than Google.
VC: Well since Google has already paid telcos like Airtel (http://www.airtel.in/free-zone/) so their searches and even some results don't use up any of the data plan, we are passing.
2nd Indian entrepreneur: I have an idea for a social network that is better than Facebook.
VC: Sorry, Well since Facebook has already paid telcos like Airtel (http://www.medianama.com/2014/01/223-airtel-facebook-free-hi...) so their site/app doesn't consume data while being used, we are passing.