Everything is moving faster

Everything is moving so fast right now. Everything is moving at a much different pace than in 2018 when I made the leap to tech.

Companies are being built faster. Tools and resources to build a company have enabled entrepreneurs to launch a business in a matter of hours. Technological advancements have made launching a business seamless and easier than ever.

Companies are growing faster. Remote working and globalization has allowed access to a wider range of talent across the globe. Recruiting times are going down and people are hiring faster.

Companies are going public faster. The emergence of SPACs have enabled companies that were not public ready to go public in record speeds. I wrote a few months ago about the trend of companies going public earlier. Companies like Hims&Hers born just 4 years ago is now public.

Valuations are rising faster than ever. I remember when the unicorn valuation mark was a big deal. Nowadays it seems like every other day there is a new unicorn being crowned. Call it a bubble, but this is different than the dotcom era. Tech companies are achieving growth and revenue rarely seen before in history. We’re in a new era of tech valuations both on the private and public market.

We’re going to have to get used to this speed. Tech growth is exponential and everything will continue to get easier and grow faster as time goes on.