Emergic: Rajesh Jain's Blog

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Abundance of Opportunities

March 24th, 2003 · No Comments

I couldn’t agree more with what both Jeremy Allaire and Kevin Werbach say:

Allaire: “I’m more optimistic about opportunities for innovation and growth than I was in the early 1990s when the commercial Internet entered its first generation.”

Werbach: “I remember thinking in early 1995 that the great Internet business opportunities had been occupied. I was spectacularly wrong. Yet that makes me more optimistic today. With the past decade of perspective, I can see now how much room for innovation remains. Recognizing how long it always takes for technological seachanges to reach their maturity, I know how much opportunity stretches in front of us…For me, it’s like walking into a beautifully decorated room, only to find, after a while, that the furniture you admired is actually somewhat tacky and cheap. But then you notice a door at the other end of the room. Opening it, you find a whole house to explore.”

There are plenty of interesting things happening on various fronts, there are so many markets to explore, so many new users to sell to. According to me, much of the next set of opportunities lies in targeting the bottom of the pyramid in the world’s emerging markets. That is where there is little legacy. Users need affordable computing solutions at a fraction of the existing price points. This is what we want to do in Emergic. The more I think and meet people, the more excited I get. The game is afoot!

Tags: Emerging Markets

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