The secret to consumer adoption

06/10/2009 | A VC blog

Among the 10 fastest-spreading consumer technologies -- including Facebook, Hulu and Twitter -- most of them had predecessors in the same space that failed to catch on, venture capitalist Fred Wilson notes. "It is not enough to be the first to market with a new technology," he concludes. "You have to be the first to market with a version of the technology that is simple and easy to use."

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