“It’s the next big thing – an attention span that is totally unique and uninterrupted” Chamath Pahalipitiya, partner at Social-Capital said at the launch of the T-Fund – a $100 Million fund that will help companies reinvent the smartphone related behavior of people in toilets. “It has all the elements we are looking for – it is not social, and small ideas like photo apps are all ruled out by definition” he added.

“Healthcare could be big shit – but the Toilet experience – this is the real shit” Chamath said in conclusion, before moving towards the restroom.