In the real estate business, three things matter more than anything: 1) location, 2) location and 3) location.
In consumer internet applications these three are: distribution, distribution and distribution. At least according to Reid Hoffmann, the founder of LinkedIn. Listen to him on Venture Voice, one of the best podcasts around.
Did you hear the noise last week? Felt the rumble in the ground? It was the sound of a gigantic market finally starting to move in the direction in which it actually has a future.
For those who missed it, the 3G operator 3 launched a series of applications and a new fixed price pricing model for wireless internet usage in the UK, called X-Series. That’s right. They’re tearing down the wall.
This could spark a change for the entire industry, unleashing the creative powers of entrepreneurs and innovators. Add to that how Sun is open sourcing mobile java and Motorola announcing a similar move and the industry might be heading for a perfect storm as the platforms are opened and the walled gardens are torn down.