This is a GREAT short piece by Fred Wilson.
Because backing startups on a field tilted in the favor of the incumbents is not fun and not particularly profitable either.A piece of advice to all my friends invested in or working at start-ups in spaces like e-Sports... It's time to re-run your models. Distribution and delivery is about to change for all of you. You'll want to understand Carriage. And you might want to think about getting a very good Corp Dev person in. Quickly.