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Market Shrinkage
Venture capitalist Josh Kopelman gives some excellent examples from his career of disruptive entrepreneurial businesses in his blog. He cites his investment in Jingle Networks, the company that runs 1-800-FREE411. We covered Jingle's launch at DEMOfall. Americans spend $8 billion on 411 calls. Jingle simply makes it free and ad-supported. If successful, Americans will spend a lot less on 411 calls but Jingle will prosper at the exponential expense of the phone companies.
Posted by Greg Galant on Apr 2, 2006 | Permalink | Comments (0) | TrackBack (0)
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