WTF is Web 3.0? And does the internet really come in versions or is it constantly evolving? Also, has there ever been a successful company that built a product based on trends or are trends created by people copying successful companies?
My own opinion is heavily influenced by what @fredwilson said the other day: "It's not the jockey or the horse that wins the race, its the combination".
My guess is that every once in a while the stars align and a talented group of individuals come up with an idea with requirements that matche their skill set/experience, all of the macro variables align to make that idea super profitable and once it is a bunch of people look at it in hindsight and think that b/c their idea is similar that they should start a company.
I've never started a successful company so I have no basis to think this is valid. What do you think?