A Quote by Alexis Ohanian

I want to be in an industry where the upstarts can grow and displace the incumbents, because that's why there's so much innovation. — © Alexis Ohanian
I want to be in an industry where the upstarts can grow and displace the incumbents, because that's why there's so much innovation.
Why is there no cure for cancer? Because the medical industry doesn't want one! And the pharmaceutical industry doesn't want one! Because they would lose too much money!
The Internet is too transformative for incumbents to not want to try to stifle or curb it - incumbents in the sense of multinational corporations, governments, take your pick.
Relative to the taxi industry, Uber is a sustaining innovation; that is, it makes customers' lives better. Uber targeted mainstream markets with a better service for existing customers, and it succeeded in serving them better than the incumbents.
If you look across the economy, if you have multiple players in an industry, you have more customization, more innovation, greater choice for consumers. The more you have consolidation, the less likely you are to invest in innovation. It becomes all about driving down cost and mass production. And that's not good for innovation in an industry.
If you look now, more than ever new entrants, new upstarts, are able to grow so much faster than they could before.
The beauty industry is always led by innovation. When you think about over the past three or four years, some of the best innovation in our industry has come from Korea.
I don't want to follow the map of what the music industry does because I've already lived the industry and I still live the industry so I already understand how it works. The industry doesn't really like us around anyway once we get older because we know too much so, that's fine - cut us off - and we'll find another way to get it out there.
I think, particularly in our tech industry, this is an industry that has violent innovation and then commoditization, and it's a cycle of innovation/commoditization.
The incumbents just have a ton more money because they have rigged the system to help themselves, because they have these networks of small donors. Meanwhile, the amount of people, the incumbents being reelected has just been - that has been going up and up and up.
There is this group of people who love innovation. Those people want to innovate, and they think the Internet is a wonderful tool for innovation, which is true. But you also have to remember that much of that innovation is constrained within the realities of the foreign policy.
In the eighties and nineties, the innovation agenda was exclusively focused on enterprises. There was a time in which economic and social issues were seen as separate. Economy was producing wealth, society was spending. In the 21st century economy, this is not true anymore. Sectors like health, social services and education have a tendency to grow, in GDP percentage as well as in creating employment, whereas other industries are decreasing. In the long term, an innovation in social services or education will be as important as an innovation in the pharmaceutical or aerospatial industry.
The reapportionment of 2002 designed congressional districts that favored incumbents of both parties, leaving virtually no room for challengers to be elected. Of 435 members of the House of Representatives, only four incumbents lost to nonincumbents of the other party. In all, 96 percent of incumbents were re-elected. (It was only 90 percent in 1992 and 1982 after the previous reapportionments.)
Khaddar does not displace a single cottage industry.
We have not had a ton of innovation and marketing in the concert industry, much like the record industry. We have been a fairly old-school business compared to Coca-Cola and the big packaging/marketing companies.
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.
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