The South American market, and why we aren’t at Minority Report levels yet?
So, I was reading the recent thread on TC by Sara Lacy on South American startups:
http://www.techcrunch.com/2009/12/16/is-globant-south-americas-next-ipo/“
…and while the point that the South American market is growing slower than the founders of startups like Mercado Libre would like the market is at least growing, it occurred to me that all this technology stuff is in reality going so slowly.
Throughout the past century, we’ve seen movies and books based on the year 2000 or 2032 being as technologically advanced as what we saw in Minority Report, yet I go out side my 91st and 1st avenue apartment and Manhattan and still go to a crumby looking bodega to get groceries. Shit is goin too slow! That’s my opinion.
Anyway, i won’t go on much further, except to say that I am very hopeful. I’m hopefuly that technology will provide solutions to global issues, i.e. poverty, etc. The fact that Mercado Libre went public, and Globant is making their only little google style development offices and soon to go public, and have their eye on the prize that is their a burgeoning market that they are pioneering makes me very hopeful. Things aren’t going fast as I would expect, but it’s clear to me that this recession is temporary, and technology, innovation etc will make job opportunities and lead to world peace. seriously.
And, hey, for us entrepreneurs, the fact that things are going so slow, and we see the same real time stream clones on Techcrunch each day, only means we’re more wise and more apt to penetrate the market. Several years ago, i felt like there was so much information I had to catch up on learning–and I was right. I felt like people were innovating faster than I could and that it was impossible to keep up. I’ve now mastered so much of it and got 4 years of Techcrunch trends in the back of my head that the pace of the market feels so slow to me, making it a piece of cake to penetrate the market. So my inner nerd is disppointed that he’s not walking in a Minority Report universe, but my entrepreneur side sees a market that is more ripe than ever, and suspect it to be so for the next couple hundred years at least.
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