GenuineVC David Beisel's Perspective on Digital Change

April 29, 2005

I’ve realized that many of my posts to date have assumed a basic premise: that online digital media and advertising is exploding in growth, creating a fundamental shift in generating enormous value that will be captured by entrepreneurial endeavors. To provide a little bit of context into the first part of that claim, I want to point to two articles published this week.

ClickZ reported that online ad revenues were up 33% last year to $9.6 billion dollars. Both the absolute size and relative growth of that figure are tremendous. But like most facts and figures, it is difficult to really wrap your head around it. (I will try to spend some time and see if I can provide some comparable $10B industries).

One way to grasp the enormity of what’s going on was identified by Advertising Age in an Economist article,


“This year the combined advertising revenues of Google and Yahoo! will rival the combined prime-time ad revenues of America’s three big television networks, ABC, CBS and NBC.”

Think about that. Really think about it.

Google and Yahoo larger than network prime-time.

(And it’s not getting any better for the networks, as this graph identified by Chris Anderson of Wired shows)

We truly are in an industry with enormous potential for the foreseeable future, as I believe that the drivers of these trends are going to continue.

  • http://www.watcheshall.com/handbags.html happyttyy

    The article written by you very good, I like it very much. I will keep your new article. designer leather handbags

About Me

  • avatar
  • I am a cofounder and Partner at NextView Ventures, a dedicated seed-stage venture capital firm making investments in internet-enabled startups. Read More »

Coordinates

Subscribe

Rob Cho Go




 RobGo.org

NextView Twitter Stream

51015
  • Lee Hower
     - 22 hours ago
    Russia bought PBR today. In other news, Russian embassy overwhelmed by asylum seekers from Portland and Williamsburg.
  • Lee Hower
     - 1 day ago
    @timbartik thanks, I'll check that out
  • Lee Hower
     - 1 day ago
    good read, I used to walk by ENIAC everyday at Penn Engineering - "The Women of ENIAC" by @WalterIsaacson http://t.co/6K0TadMtN3
  • robgo
     - 1 day ago
    Giving Swype keyboard a try. Promising, but not quite faster. Also worried about catastrophic mistakes
  • robgo
     - 1 day ago
    RT @bussgang: My updated, annual guide to the Boston startup scene - http://t.co/kpLv8saf9s

Search