Doing It Better

I suspect we’re going to see more startups chop off pieces of big companies like Amazon and Facebook and become dominant in specialty areas.

Wayfair is in the online housewares business.  Instagram was in the social-mobile photography business.

Both companies are lean, focused, and simply do that one thing better than the hegemons.

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By Wells Baum

Wells Baum is a daily blogger who writes about Life & Arts. He's also the author of and four books.