I must admit that I don't really understand social networking models that well, and I haven't tried to because I have just not been enthused about this whole thing.
I get excited about what the Holy Spirit is doing now through all the people he is refining and raising up all over this planet. I love connections and relationship and networking but it must be led by the Spirit.
If you choose a market that already exists, say, networking equipment, you have to compete with an established company like Cisco. Even if your product is marginally better, Cisco can fudge it and outsell you.
I think that it will be the mobile technologies, both from the enterprise and the consumer side, where super unicorns will come from. I still believe that social networking in combination with mobile will create opportunities for super unicorns.
With 'The Social Network,' I got into it at first because frankly I thought there was a cool courtroom drama to be had with the intellectual properties. And then what further drew me in was that the most extraordinary social networking device ever created was created by the world's most antisocial person. I liked that story.
What makes a great standalone piece of hardware is not the same thing as what makes a great networking device. One can work as an essentially closed system. The other is absolutely dependent on its openness.
Brooklyn is where I primarily developed. I had an opportunity to make records and perform in clubs here and there, and I started networking with the right people in the right places.
I started in time-sharing and networking with packet switching, which was the precursor to what became the Internet. Time-shared use on packet-switch networks, when you think about it, is the cloud.
It's true that I love to connect with my fans on the social networking sites, but I try not to go overboard, ever. I just give people a peek into my mind space, but never bombard them with my tweets.
While I strongly encourage my readers to take advantage of the Internet and social networking platforms to gain a greater understanding of their personal finances, it is extremely important to be safe, smart, and responsible when it comes to sharing, discussing, and managing your finances online.
