The next big thing in technology often starts off looking like a toy, as general partner Chris Dixon observes in illustrating the core idea behind Clay Christensen's disruption theory (why do most companies miss out on new waves of innovation)? And what are the key factors in determining whether something is truly transformative -- like the phone, the internet -- or IS just a toy?
credits: historical footage courtesy of the Prelinger Archives; all trademarks are the property of their respective owners
