Steve Case: We’re at a pivotal point in the Internet’s history

Entrepreneur Steve Case, co-founder of AOL, took on a different role at SXSW: history professor and Internet savant.In a keynote speech on Saturday in Austin, Case recalled his early days as an Internet pioneer and gave his predictions for its future.Case — who now heads up Washington, D.C. based venture capital firm Revolution LLC — spoke of the Internet in three waves.The first, of which he was a leading pioneer, ran from 1985 to 2000 and brought the Internet to everyday life. The second, from 2000 to the present, consists of entrepreneurs building on top of the existing Internet with companies like Google (GOOG), Twitter (TWTR, Tech30), Facebook (FB, Tech30) and the growing app economy.We are now on the brink of a third wave, according to Case.

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