Instagram: “It’s Not A Bubble, It’s Valleywood”

“The titans of new media have a distribution channel that’s always hungry for more entertainment. They need to feed the beast – and they can’t innovate fast enough. They need to rely on the Pinterests, the Instagrams and the Paths to give them the entertaining new hangouts for their audiences. Big companies aren’t known for their ability to innovate, and certainly not as effectively and nimbly as startups That doesn’t stop them from trying, but frankly my advice to them is to give up on innovation (Google+, ahem). Focus on your strengths – monetization and distribution — and outsource your weaknesses. Be more like a big movie studio. They don’t make The Blair Witch Project, they make $700 million budget James Cameron action movies that are filmed on the moon and in the burning core of the Earth.”

Source: http://techcrunch.com/2012/04/14/its-not-a-bubble-its-valleywood/

Published by aubertma

Digital Expert for Social innovation

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