links for 2011-05-24

• You Need to Win the Battle for Share of Mind
  Twitter and Facebook are truly transformative at a societal level

  many startups in the consumer world are now truly hits driven like video games or movies. We compare user numbers like box office receipts.

  To win you must truly provide value that changes the way that end-consumers do something in their lives that will persist.

  When pressed, not enough of these entrepreneurs can answer questions about why users would still be using this product in 5 years, about why their product is going to solve a consumer or business problem that isn’t being solved today. They pitch me features, not value...but value is what you need

  When you solve a real problem you’ll win the true battle. The battle for share of mind.

  
  
  (tags: trends startups vc)