Opportunities for new business ideas? Sure.

"First and foremost the cost to build in cyberspace is, at least initially, far cheaper than in the real world," he explained. "It's also far easier to iterate in cyberspace than in the real world as you're not dealing with real products, made of real materials, but with arrangements of bits."

... The next big thing doesn't have to be a new big thing. Neither Google nor Facebook were pioneers. Yet, Google searched better than the rest, and Facebook adopted a friends-only approach to profile viewing that helped the site grow more quickly than open-house competitors.

Read more: Recipe for a billion-dollar website | Analysis | Features | PC Pro http://www.pcpro.co.uk/features/212703/recipe-for-a-billion-dollar-website#ixzz19qRX5PUy