Editor’s note: Mike Ghaffary is the vice president of business development at Yelp. He also co-founded Stitcher and BarMax , the $1,000 iPhone app, and is a former VC. Follow him on Twitter at @newmike . Marc Andreessen and Reid Hoffman recently debated whether software would eat traditional retail , leaving no brick-and-mortar presence behind. Both articles noted that e-commerce is currently only 5 percent of retail in the U.S., while the other 95 percent is brick and mortar
The full story can be read/found on Why Local Commerce Will Be Larger Than E-Commerce For The Next Decade, An Analysis
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