Evolution of Business Models and Technological Transitions in the Tech Industry

The chapter explores significant shifts in business models of tech companies like Intel and Microsoft, emphasizing the importance of adaptability for long-term success. It discusses pivotal moments in tech history, such as Apple's decision not to license Mac OS, leading to the rise of Windows. The discussion also covers the impact of cloud services on startups and the evolution of network effects in businesses, highlighting the changing landscape of the venture capital industry.