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At this year’s SXSW in Austin, TX, I sat down with Steve Case to talk about his thoughts on innovation and entrepreneurship in America, the Rise of the Rest, and his new book The Third Wave. In our exclusive Steve Case SXSW interview (which you can watch below), Case touches upon his theory regarding this “third wave” of the Internet.

During the first technology boom in the 1990s, America got online thanks to a startup based out of Northern Virginia called America Online. Led by Case, the company’s efforts created the first wave of the Internet – with Americans across the country dialing to connect via phone lines and using the Internet metered by the minute.

Image: Steve Case - by Frank Gruber