Conversation

A key form of value creation by smartphones was creating more time for consumer entertainment. You could now use social media, stream movies or play games from anywhere at anytime.

However all that time is now used up. Every new consumer app or platform has to compete for your time against TikTok, Fortnite and Invincible season 2.

VCs hoping for the “next platform” to solve this problem are waiting in vain unless that platform can add more than 24 hours to a day.

https://spyglass.org/being-real/