My guess is that about 10-12m from now we'll see the media talking about one of these companies that "you've never heard of" that is "crushing it" on bookings/revenue.
People tend to forget that the media has little to no memory and is usually staffed by people in their 20s who have little idea of what they are talking about. Obviously not always the case, but using the media (or other bloggers) as your measure of success is a very bad idea.
And in case anyone jumps to this conclusion - no, I'm not saying that anyone in their 20s will have no idea what they are talking about. :)
Agreed. It's hard for a recent college grad to get really excited about "human capital management software". In contrast, it's very easy to understand the use case for something that lets you edit videos on your iPhone. Thus, young people have a difficult time inventing Workday while they eagerly can imagine the use cases and are stimulated by xyz-instagram-of-video.
People tend to forget that the media has little to no memory and is usually staffed by people in their 20s who have little idea of what they are talking about. Obviously not always the case, but using the media (or other bloggers) as your measure of success is a very bad idea.
And in case anyone jumps to this conclusion - no, I'm not saying that anyone in their 20s will have no idea what they are talking about. :)