PRESENTATION OUTLINE
FIRST, SOFTWARE DECONSTRUCTED
THEN, SOFTWARE DECONSTRUCTED
THE TAIL IS NOW WAGGING THE DOG
WHAT DOES INDUSTRIAL ENTROPY LOOK LIKE?
REVISITING "THE NATURE OF THE FIRM"
VENTURE CAPITAL + THE FIRM
RULE #1: CAPITAL SEEKS DOMINANCE
RULE #2: ACHIEVING DOMINANCE IS "PLANFUL"
RULE #3: DOMINANCE HAS BECOME FRAGILE
AGILITY AT SCALE =DOMINANCE
USE THE RATE OF TECHNOLOGY + CULTURAL CHANGE