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by TulliusCicero 3632 days ago
> Silicon Valley hasn't released a blockbuster app, website or company in a while.

Uber? Was only founded 7 years ago, and took a few years before it really started to blow up.

2 comments

I've found that there is a certain mindset that only considers the last 18-24 months as "recent" in the tech space. It's probably a similar mindset to that which makes you feel that only the latest and greatest frameworks are worth learning, for example.
Right, but 24 months isn't enough time for a brand new startup to become a 'blockbuster'. None of the current big tech cos like Google, Amazon, Facebook, were a 'blockbuster' within 24 months of being founded. If you want to see that kind of startup success, you HAVE to look more than a couple years back. Startups can grow very quickly, but not THAT quickly.
True. I think a better metric is the last 18-24 months of breakouts, rather than foundings.
Uber? Meh. All they've actually done is start to displace an incumbent rent-seeker by exploiting loopholes to charge a lower rent. It's great for the customer, but if that's you're idea of a revolutionary product...
Whether you personally like them is irrelevant. It's an extremely popular service, and the company has a very high valuation.