Category: 3 – SHELF it (All Categories are 1 – Read ASAP!, 2 – BUY it!, 3 – SHELF it, 4 – SOMEDAY it)
Comments: This book read as part autobiography, part technology book, part political change manifesto. It was an interesting read until a point after which I felt it got a bit repetitive. I definitely agreed with his thesis that working with the government will become critical for the next generation/”third wave” of entrepreneurs. I also enjoyed Steve Case talking about his time at AOL as this was a part of internet history I didn’t experience.
Top 3 Learnings:
1. The first wave was the start of the internet. The second was the social wave and was about communication and social media. The third wave will be the internet of everything.
2. As entrepreneurs attempt to disrupt large industries, they will need to partner more with incumbents and the governments. It will not be possible to disrupt industries like infrastructure and energy from the outside like in the second wave. Regulatory nous will be key as there will be plenty of government interaction in the third wave.
3. Entrepreneurs often slam the government as holding them back. However, the internet wouldn’t exist if it wasn’t for government programs. Build bridges instead of burning them.