Ian Lee: Incumbents Fail by Dismissing Tech That Disguises Business Model Shifts
Ian Lee · Ian Lee: Why DAOs Will Replace Venture Capital; Biggest Threat to Web3 | 20VC #893 · 20VC with Harry Stebbings · Jun 8, 2022 · at 48:01
Ian Lee is the co-founder of Syndicate and former Managing Partner at IDEO CoLab Ventures. He reflects on learnings from Clayton Christensen's book 'The Innovator's Dilemma' and its relevance to Web3.
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“And my main takeaway from that book and all of my work over the last two decades is that it's because incumbents Fail to realize that a technological innovation often comes with a business model innovation behind it, and they get, they dismiss the technological innovation when it actually disguises a really disruptive business model behind it, and that is what I think Web Three is, is that people look at NFTs, they look at DAOs, they look at blockchains, they look at all these things,”
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