Select highlights version:<p>The era of software was a narrow period of time. Before 1980, customers purchased hardware and software was bundled for free with the hardware. Microsoft was brilliant because they realized they could sell software and make a hefty profit from it. Today, we’re in a post-software phase. The software isn’t the valuable asset, it’s the ability to tap into a community that is truly valuable.<p>...software is not difficult to build and hosting element has become a commodity; the hard part is building a community. That’s the unique element, the people who you can convince to come to your site each and every day.<p>Lesson: Whatever you choose to do in your career, think about how you’re going to capture a community. Stop blogging to your friends. Start blogging to your customers and your intended audience.<p>StackOverflow wouldn’t have worked unless I had spent 10 years building a community of programmers.<p>...skeptical about building on the iOS platform long term, feels that it’s not a great platform for vendors because they have no control over whether Apple allows your application in their marketplace.<p>Pageviews are so cheap to deliver that if you can monetize a small fraction of them you can run a very nice business.