What Bill Gurley Saw

[cedric]

This is a very fair point.

@ellen

Sure, much of the newly generated information is not relevant or valuable, so the skills needed to gain informational edges change more from discovery to recognition. It might be less about digging out or stumbling about a gem, and more about sifting through the chaff to find what might be worthwhile to pursue deeper. Developing judgement and taste might be more important than sheer information access.

I stand corrected. I think you’re right — the nature of informational edges changes to favour those with better taste or attention.