Observing the laws of technological industry change from the rise of new york startups

Source: Internet
Author: User

Earlier this year, a friend introduced me to having dinner with a VC in New York City. At that time, the partner was excited to share with us the news that New York surpassed Boston for the first time to become the second largest tech venture city in the United States, second only to Silicon Valley. He explained the cause of this phenomenon and said: "Today's technology startups are different from before. The book publishing, advertising, media, and fashion industries are all in New York. These are the major industries in which technology and the Internet are reshaping and changing. At the beginning of the IT industry, companies started to build network equipment and hardware infrastructure. However, the information revolution has spread to traditional industries such as media and fashion, this is why New York startups are becoming increasingly active."

The purpose of this article is not to discuss the differences between cities in the United States, but to observe the development patterns of the potential technology industry through the rising trend of New York City startups. I think it is worth pondering the words of that friend. He said that in the development of the IT industry, the first batch of emerging companies in Silicon Valley were computer-producing companies like apple, and companies that produce network devices like Cisco. It is worth noting that these companies are completely IT companies. However, the Internet and information technology have not only formed their own industries, but also impacted other industries and created new traditional industries. What is the industry in New York City? Entertainment, media, and design. Therefore, many Internet companies that have developed to this stage are actually not completely complete IT companies, but a combination of the information industry and other industries, and the boundaries between the industries will become increasingly vague.

One of the most interesting examples is apple. Let's look at Apple's history in three sections. Before 1985, Apple was a pioneer in the information technology industry, leading the development of the computer industry infrastructure. From 1985 to 1997, when Steve Jobs was absent, Apple was a mainstream technology company, however, the performance was not good, and finally it almost collapsed. After Jobs' return in 1997, Apple's genes had quietly changed. After iPod became popular, Apple reshaped the music industry by technology. Over the past two years, the iPad has had a huge impact on the media, traditional newspapers, and the industry. Another noteworthy phenomenon is the principle of "Design first". One of my friends in California said that most of the employees in major companies pay for the UI
(User Interface) to a relatively back-to-back position, only Apple ranked the UI first, and the UI engineer was originally a role of a programmer and a designer.

What does this mean for entrepreneurs? This may explain the rule that will happen when all industrial revolutions occur. In a wide range of changes in an industry, the first thing that emerged was to build the core equipment and infrastructure of the industry. However, after that, the opportunity will spread to all other fields involved by these devices. Many early IT entrepreneurs were completely computer-related products. Nowadays it entrepreneurs can come from many different industries, such as chefs, writers, photographers, and fashion talents. To sum up one sentence: Now you don't have to look at your computer. Instead, you can focus on industries that seem marginal and are not affected by the internet for the time being. Maybe soon, that is another field that is full of opportunities.

 

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