Here's an attempt to sum up the interesting ideas from an interview (transcript here) i watched on Charlie Rose with Marc Andreessen.
About Marc:
founded and sold 2 companies each for over $1 billion
newest activities
~ Ning
~ venture capital fund
On Facebook:
- have more than 175 million users
- 1/2 of those people use every day
- 6th most populated "country" in the world
- on its way to 500 million users
- deliberately *NOT* taking banner advertising
- if FB "turned on the spigot for normal advertising today it would be doing over $1 billion in revenue
Big Vision = "connect everyone on the planet"
- 175 million current users
- 6 billion people on the planet
- 1/2 of 6 billion people with electricity and phone lines (3 billion addressable people)
- 175 million to 3 billion = big challenge
Ning
- about to cross 20 million users
- adding 2 million users per month
- about to cross 1 million social networks
LinkedIn
- has 20 million resumes now
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When you get huge numbers of people lining up to take advantage of something, you figure out a way to take advantage of that. ==============
What's the next big idea?
