What is the S-curve?

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There's an "the s-curve” to the life cycle of much technology innovation, and a16z partner Benedict Evans explains what it is and why it's important. For example, personal computers, the internet, and mobile phones emerged, grew, and matured in waves -- from “a silly idea" to something everybody has to a platform to build on and further evolve the next innovation.
credits: historical footage courtesy of Prelinger Archives; "Computer Chronicles" by Stewart Cheifet Productions; music by William Ryan Fitch; all trademarks are the property of their respective owners
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