Alexis Madrigal: Why Startups Need To Solve Real Problems Again
/Alexis Madrigal, speaking at this year's 99u Conference, thinks our modern entrepreneurial climate has a problem: we're not solving big problems anymore. The startup boom in the late 90s gave birth to revolutionary mobile devices. Now, the best we can do is Facebook.
Madrigal offers two solutions: stop the pervasiveness of "free" web apps and increase the diversity among founding teams. Fresh perspectives, he argues, will bring a new paradigm for startups -- and for creativity in general.