Fred Wilson on disruption

An interesting presentation by venture capitalist and blogger Fred Wilson from talks@google, May 13th. Fred, who has invested in companies such as Twitter, Del.icio.us, and Feedburner, share some of his reflections on innovation and the disruption of industries.

"...we are going to get businesses that may be an order of magnitude smaller in terms of revenues, but maybe multiple orders of magnitude smaller in expenses, and could be way more profitable."

"...at the heart of disruption is disrupting things that are non-sustainable and replacing them with things that are sustainable..."

"...any businesses that are end-to-end digital is a good candidate for disruption..."

"...when will the virtual currency become as good as the dollar or gold... ...my guess is that we will start to see that."