Amazing Growth Stories - You Ain't Seen Nothin Yet

The pace of user and revenue growth of new services on the web and especially mobile seems to be hitting new records every day.  I don't find this surprising and expect even more mindblowing numbers over the next decade...

Some examples include:

- Pinterest - exploding from 1M to 16M UVs per month in 7 months (sidenote - darn - wish they would have taken my seed investment term sheet when I offered it!)

- Instagram growing from 0 to 25M users in 1.3 years (kudos to these Mayfield Fellows for rockin it!)

- Angry Birds with over 600M downloads to date

- OMGPOP's DrawSomething growing to 1 million users in 9 days (it took Facebook 9 months) and 12M users per day with $100k+ in daily revenue

(see this Business Insider Presentation for more cool info like the above)

The reason this is happening now isn't simply because these are much better services than others launched in the last decade - its because the user base is MASSIVE and SOCIALLY connected.  Today, we have 850M smartphones and about the same number of users on Facebook globally.   Given that there are ~7B people in the world and most will be smartphone enabled and socially connected in the next decade, we will witness unbelievable and rapid growth for great services/content.    I don't think its hard to imagine Madonna releasing a new single (for $.99 in the US and maybe $.10 in India and China) and within one day or even hour selling 500M copies - to roughly 10% of the connected population.  I could see a similar trajectory of hundreds of millions in sales in ONE DAY for great games and social services that have low friction and wide appeal.   The app/digital economy will look more and more like the movie business (but with several orders of magnitude lower barriers to entry!) and the ramifications to how we start, fund, and exit these companies will be staggering.  I'm excited about this new journey - let the disruption begin....

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