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Because we look at our phone every 10 minutes, that real estate now costs $1B!

Added about 3 years ago | As appeared first on pando.com | Author: James Robinson
The mundane, cloying reality of today's always-connected culture is that our addiction to checking our phones now makes (other) people a lot of money. Last year, Bessemer Venture Partners published a report that priced out the value of a spot on the mobile home screen at $1 billion per square inch. It's hard to find a company that has firmed up a place here that isn't worth at least $1 billion now. While the rush to justify Facebook's Oculus Rift purchase had everyone instantaneously obsessin...
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