Strategy Letter VI

Joel on Software: “History, though, is repeating itself. Bandwidth is getting cheaper. People are figuring out how to precompile JavaScript. The developers who put a lot of effort into optimizing things and making them tight and fast will wake up to discover that effort was, more or less, wasted, or, at the very least, you could say that it "conferred no long term competitive advantage,” if you’re the kind of person who talks like an economist.“