/John O’Sullivan of Act Venture Capital on the major business model that’s destined to thrive (via Qpute.com)

John O’Sullivan of Act Venture Capital on the major business model that’s destined to thrive (via Qpute.com)


What’s the next big thing?

If someone were to ask you, you might say AI, non-fossil fuel based energy resources, quantum computers or the likes.

Of course, it’s all one big guessing game but on JOE’s All In business show we do enjoy having our guests make some sort of an attempt to predict the future. Sure, why not?

Listen to the full interview here.

This week on All In, John O’Sullivan, General Partner at Act Venture Capital, weighed in on the ‘power of free.’ In his career, John has overseen 74 exits for client companies of Act and part of his role is of course to spot the companies with high growth potential, so who better to give us a clue?

Referring to the likes of Google, Android and other platforms that we consumers use at no financial cost, he said:

There are currently very large businesses out there, very exciting businesses, that are having to confront the idea that their competitor is offering a better product at no charge.

“…if you think (computing) is cheap now it’s going to get a lot cheaper — so it’s going to prevail and open up these opportunities in ways that are incredibly hard to predict.”

Watch the full episode of All In right here for more:

All In, backed by AIB, is available everywhere that you find your favourite podcasts and on YouTube every Wednesday

.(tagsToTranslate)Business(t)Sponsored(t)All In(t)All In business(t)John O'Sullivan(t)Act Venture Capital


This is a syndicated post. Read the original post at Source link .