BCG has just released a report explaining that the internet “industry” is 4.7% of the US economy. (Read about it on CNN here.)
The internet now contributed $684 billion to the US economy – more than the federal government, agriculture, etc. It also continues to rapidly grow, and this had implications for other sectors.
For example, the report also talks about the value of internet to small enterprises.”In multiple countries—including China, Germany, Turkey, and France—small and medium enterprises (SMEs) that have engaged actively with consumers on the Internet also have experienced three-year sales growth rates up to 22 percentage points higher than those of companies with low or no Internet presence, according to the report.” (Read this here.)
Go internet go!
Massachusetts has a couple of long-existing efforts to promote early stage company growth; there is a great write up in BostonInno on these funds. It is a critical evaluation on of their success and weaknesses.
Ok, my schedule for SXSW is heating up. Here is what I see happening so far (yeah, I’m really only focused on the networking events (parties).
Thursday and Friday night are looking pretty light, but I’ll be updating as I learn more events.
LET ME KNOW if you find out other good parties that should be attended – and I’ll keep this list as up to date as possible. I”m only putting the events where the general public is invited, I”m not putting my actual meetings or “private” parties (out of respect for the organizers who are trying to keep things manageable.)
My SXSW schedule
Friday 9th – still looking
7 pm – All Thing D Party – I can forward the invite to you via email, LMK
6 pm Mashable SXSWi House
Monday 12th - still looking