"One of the things I am noticing is the trend to try to solve problems with software instead of dedicated hardware. That makes sense for a whole bunch of reasons, but the biggest ones are that the marginal cost of additional user is almost zero with software and that you can iterate your product much more quickly with software."
Content from Fred Wilson's blog, avc.com, used under Creative Commons License. Fred Wilson is a VC and principal of Union Square Ventures. Originally posted on November 17, 2013.
