Patrick Collison on how slow things really move

When we started Auctomatic in mid-2007, eBay was dominant but faltering, PayPal was lumbering along without any innovation, Facebook was amazing everyone (and scaring Google) with their growth, the iPhone was reshaping the cell phone industry, and everyone was talking about Twitter. Two and a half years on, that still sounds like a reasonable assessment of things.

Take a breath!

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