On Business Models

Great article on why we can't wait for business models to be perfect in a world where the marketplace changes faster than new business models arise. Full of good historical comparison and a great punch line:
"When a 14 year old kid can blow up your business in his spare time, not because he hates you but because he loves you, then you got a problem.
Yes, you do have a problem, if you're running that old business. But for the rest of the world, you don't have a problem. You have a revolution and a tremendous opportunity.
From Mike Masnick @ techdirt