Technology was supposed to make everyone more productive, unleash creativity, and bring abundance to the world. But at some point, we lost our way. As an industry, we’ve gotten caught up in our clichés and euphemisms and forgotten what it means to create real value.
The modern technology era began in the late 1960s, when popular culture collectively envisioned a future of space travel and valuable computation for everyone, and companies like Fairchild, Intel, and descendants kicked off the race to build that future. The subsequent decades ushered in a Cambrian explosion in hardware and software, unlocking world-changing innovations in communication, manufacturing, biology, and countless other fields.
The 90s saw the rise of the Internet, the foundation for an “information superhighway”, a nascent ideal that would’ve enriched the lives of every citizen. Instead, people decided it was more important to build warehouses to deliver pet food.
Since then, the internet has brought massive opportunity to more than 3 billion people, and fundamentally changed the lives for many of the 2 billion who carry access in their pockets. Yet we’ve seen massive amounts of capital and human talent directed towards incremental improvements, made-up problems, and tools for other techies. Our best talent isn’t working on real tech problems that could unlock massive value for most of those people — there is much more we can do with the internet than A/B test ad clickthroughs or build glorified chat apps.
We think our industry has gotten stuck in a rut. But we don’t think it has to be this way. Every day we talk to incredible workers who’ve figured out ways to work effectively and live abundantly. We see examples of human ingenuity, as well as people who want an outlet to express that creativity and build products for the rest of the world. We believe that technology can be a a life-changing tool for billions of people, and, in the hands of great people, we’ll figure out how to continue advancing humanity. And that is why we’re on a mission to disrupt tech.