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I think they included (1- broadband in the home 2- emergence of flash, so no codecs required 3- proliferation of digital cameras 4- cheap hosting 5- one click upload 6- ability to share embed).

Find those small pieces and put them together to make the wave. The other guys really just rode the wave they created (which is okay).

Look in obscure places- We’re often fascinated with the shiny things in the internet industry. One example would be email newsletters, which I’ve profiled before.

Surround yourself with smart people- Smart people whom are successful usually got there by doing the same and have an innate desire to help those do the same.

Your primary metric shouldn’t be dollars- If you’re going after a big enough market and charging a reasonable amount, you can hit a million dollars.