Evidence suggests that dinosaurs did not go instinct immediately but lived another 300,000+ yrs after the asteroid hit earth. Good to remember as we analyze the impact of new disruptive technologies on traditional media companies, venture capital, employment, etc…
Sometimes it takes awhile for traditional businesses undergoing massive change to die (not always).
Example: The 2011 estimated revenues for the YellowPages business was $23.4 bn with 71% of this as traditional print revenues (non-digital).
(Thanks Salil Mehta for the analogy/discussion today)