the tech buzzword hype cycle plays out the same way every time.

FIRST, a startup breaks out and VCs rush to fund it.
then a bunch more startups spring up
now the big tech companies need a strategy. maybe they make a big splashy hire or launch a new division
Investors are suddenly experts on the topic
Someone launches a dedicated fund
the mainstream media catches on nytimes.com/2021/07/10/sty…
Bring on the conferences, service providers, consultants... the works
Lastly, the brands arrive, ruining everything
All the initial excitement and momentum quickly fades. A new buzzword emerges. Everyone moves on.

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More from @eringriffith

3 May
Opening arguments for Epic vs. Apple will begin shortly. I'm here in the courtroom and can report that Epic CEO Tim Sweeney has ditched his cargo shorts and t-shirt for a suit. 🕴️

Read our preview of the trial here: nytimes.com/2021/05/02/tec…
And given that it's #WorldPressFreedomDay - shoutout to @leah_nylen for pushing to get better press access to this trial given covid restrictions. here we go!
@leah_nylen Epic's lawyers are running through a series of emails between Steve Jobs, Tim Cook, Phil Schiller, Eddy Cue and other Apple execs to make the case that the App Store was designed as a "walled garden" that locks people in.
Read 42 tweets
13 Mar
FOMO, YOLO, NFT, SPAC! It's bubbles on bubbles. nytimes.com/2021/03/13/tec…
Why are we suddenly surrounded by investment manias?
-Pandemic stimulus + Fed printing money = lotta $$$ sloshing around
-Stocks expensive, bonds not attractive, everyone's chasing risk
-Day trading becomes a pandemic pastime
-Each mania is weirder and wilder than the last
Where does this go from here?
-The economy is roaring...
-Not many ppl see systemic risk...
-Vaccines could lead to a new roaring 20s...
-Bubbles, while risky, also lead to major technological shifts
Read 4 tweets

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