The following excerpts are taken from the book -Blitzscaling.
Just over twenty years later, in 2011. the venture capitalist (and Netscape cofounder) Marc Andreessen validated Gilder’s thesis
in his Wall Street journal op-ed “Why Software Is Eating the World.” Andreessen pointed out that the world’s largest book
store (Amazon). video provider (Netflix), recruiter (Linkedin), music companies (Apple/Spotify/Pandora) were software companies, and that even “old economy” stalwarts like Walmart and FedEx used software (rather than things to drive their businesses.
At the end of 1996, the five most valuable companies in the world were General Electric, Royal Dutch Shell, the Coca Cola Company, NTT (Nippon Telegraph and Telephone), and ExxonMobil traditional industrial and consumer companies that relied on massive economies of scale and decades of branding to drive their value. Just twenty-one years later, in the fourth quarter of 2017, the list looked very different: Apple, Google, Microsoft, Amazon, and Facebook. That’s a remarkable shift Indeed, while Apple and Microsoft were already prominent companies at the end of 1996, Amazon was still a privately held start-up, Larry Page and Sergey Brin were still a pair of graduate students at Stanford who were two years away from founding Google, and Mark Zuckerberg was still looking forward to his far mitzvah. So what happened The Networked Age happened, that’s what.
btw : made a website to act as an umbrella for all my commercial projects .