Some folks are, anyway.
Me not so much. Gilder is a supply sider. Build it and they will come.
"Say's Law always appealed to me. It seemed to express the fundamental truth of economics, that all demand derives from production."
This is Wave's model, of course. Just keep on building. The demand will appear.
The problem with Gilder's model is it consumes vast resources along a timeline that is unspecified with an outcome that is uncertain.
Maybe you built the wrong thing and the market isn't waiting. There are few folks like Steve Jobs whose imagination is (or was) wholly tuned into the marketplace.
Without demand signals, you lose the opportunity of its guidance.
I realised Gilder and alea were in exact opposition maybe a dozen years ago. Seems we still are.
It's all about demand. Let the demand side create the company.
Unfortunately for me, Gilder is on the Board, whereas I am merely on the board! Oh well.
Fora guy who labels people as poseurs, he sure as heck is one.
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