It has never been so easy to build a technology product, raise capital, and bring it to thousands, even millions of people.
And all in a matter of months. Consider Hopin; the London-based virtual events platform, founded in 2019, has grown from six employees to more than 400 and now boasts over 80,000 user organisations – a good product exactly when it was needed.
Over the same period, Cazoo has become one of the UK’s fastest growing companies, making buying a used car as simple and seamless as buying any other product online. It will make its stock market debut shortly after agreeing a deal that values the company at $5bn.
The availability of venture funds, the ease of access to and price of cloud architecture, as well as a widening talent pool of engineers and product managers, make the creation of a digitally-native business easier than ever. This doesn’t mean anyone can do it, of course – Cazoo’s Alex Chesterman is…
