Monday, May 07, 2007
An interesting article on CNN's Business2.0 site, about how a new generation of dotcom entrepreneurs are taking new approaches to their startups. Naval Ravikant says his business model resembles that of a Hollywood studio. Haha, but not a bollywood studio -- one could only puzzle over what that model would look like. But it does sort of intuitively make sense: when you consider how infotech and media content are increasingly converging, then why shouldn't their business models likewise be converging? Product lifespans are shortening, and consumers are increasingly fickle with their short attention spans. That could describe either industry. Plus, both are ever more dependent upon further versions (sequels) of their product, and increasingly bloated budgets for that epic all-encompassing feel.