In this presentation he used Dinosaurs to represent how the bubble came to be. The Dinosaurs were the big companies that thought they ruled the technology world because they were so big and their leadership was old and cocky. They used to think that the way they had always done business would continue to stay the same and that because they had stayed a float for quite a while that their business model worked.
Yet, one by one they perished. And the big hit that wiped most of them was when the World Wide Wave took speed and everyone started to go on the web services that would be free or lure the masses into trying new things that would be based on new business models. Indeed, only few of this dinosaurs survived and can still be found on the depths of the web such as Yahoo or AOL.
One of the key points to take away from this presentation is that as people or companies age they need to continue doing their best to adapt to their ever evolving environment if they want to continue thriving in it. Otherwise new things and things that may seem weird or strange to them may take over for them. On the other hand, as opposed to the dinosaurs, we also have an option to just let go of those things and just enjoy the rest of our time on our own terms.
In a short sentence, the main concept to remember is to be flexible and perceptive to changes that go around us so that we can continue to thrive and not perish.
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