“The Yelp for cellphones will be Yelp. The Google for cellphones will be Google.”

That was Clarium Capital President Peter Thiel talking to our own Sarah Lacy on stage during TechCrunch Disrupt today. His point was that Internet innovation today is much like innovation in the automobile industry in the 1950s and 1960s. That is, there isn’t much — it’s all about the big boys, in Thiel’s… → Read More