This is a great Twitter thread by Chris Dixon talking about why Web 3 — the next major iteration of the internet — is kind of a big deal. In it, Dixon refers to Web 1 as the period from about 1990 to 2005. This is the period of time that started out with CompuServe and AOL sending us all free CDs in the mail and most of us using a dial-up modem to access the internet. Web 2 was the period from about 2005 to 2020. It is the iteration of the internet that gave birth to social media as most of us know it today. If you subscribe to this timeline, then we are in year one of what’s next. Maybe it’ll also run for another 15 years or maybe it won’t. But either way, getting in on the ground floor is usually a pretty valuable thing. When Dixon tweets, I listen.