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December 5, 2011 01:22 am GMT

TechCrunch Tokyo Japan 2011: The Cambrian Explosion In Startups [Video]

A massive number of species appeared and began evolving some 580 million years ago, forming the basis of modern life. Now we're in the middle of another "Cambrian Explosion," Erick Schonfeld explains in the video above,where the internet is primed for new startups likePrecambrian Earthwas for rapid evolution.Lower costs for getting started and the prevalence of internet-connected devices make it more possible for new companies to create big changes in seemingly slow-growing industries like health care, education and transportation. But that's not great for everyone. Like the fossils show, many of the species didn't find a way to survive in the ever-changing world.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GZ87uOX1YYU/

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