Mobile Is Where The Growth Is
If you look at any of the top web properties on comScore, Quantcast, Alexa or any other third party reporting service you will see that they all have been fairly flat over the first half of the year. You might think that all these big web services are flatlining. We have seen this in our portfolio too. From board meeting to board meeting, we are seeing a similar pattern. Web is flattish. But mobile is growing like a weed. I alluded to this in a post last week where I wished for an aggregated audience measurement service across mobile and web. There is a significant shift going on this year, much more significant than we saw last year, from web to mobile. Mobile native services like Foursquare & Instagram have the most to gain from this transition. Mobile does not reward feature richness. That is why Facebook should (and it looks like will) break its big monolithic web app into a bunch of small mobile apps. In technology the more things change, the more the stay the same.
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