On Inflection Points - Michael Dempsey: Blog
Understanding the importance of inflection points in technology, startups, and investing. Inflection points matter because they create shifts that cascade down for multiple decades
“I’m here for one reason and one reason alone. I’m here to guess what the music might do a week, a month, a year from now. That’s it. Nothing more.” John Tuld, Margin Call (2011) A lot of time in the tech community is dedicated to understanding growth and moat dynamics like network effects and loops . While both of these components contribute to the building of individual companies, business models, and sectors, inflection points are the bookends to all of those and more, representing the beginning and end of larger movements. If loops are the power source that accelerate the
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