A countertrend to the unbundling of Microsoft Office and Google Workspace is the *rebundling* of work.
The proliferation of productivity & collaboration tools is actually making work more complicated. This creates an opening for tools built for organization & focus.
Traditionally, education took place in the first ~20 years of life. This was fine in an industrial-centric world. But in a tech-centric world, that model no longer works.
Education will be lifelong & workers will reinvent their skills again & again 👇
1) While tech has reinvented sector after sector, education has been largely untouched.
Costs have gone up: the cost of education is growing 8x faster than real wages & Americans hold $1.5 trillion in student debt.
Plus, COVID showed us how ripe education is for reinvention.
2) Most education spending is spent in a learner's first 17 years.
But the skills demanded by the labor market are evolving faster than ever: tech accelerates the pace of change.
85% of today’s college students will have jobs in 11 years that don’t currently exist (!).
The "unbundling" of Microsoft Office and Google Workspace has been one of the most important tech trends of the past decade.
Elegant, best-in-class products have won with product-led, bottom-up go-to-market motions.
Thread below 👇
1/ In 1990, Microsoft reinvented work productivity tools with its Office suite.
In the 30 years since, Office has grown to 1.2 billion workers. Once-groundbreaking products like Microsoft Word, Microsoft Excel, and Microsoft PowerPoint have become synonymous with knowledge work.
2/ In 2006, Google launched G Suite (now called Google Workspace).
Google Docs, Sheets, etc. reinvented work again by introducing real-time cloud collaboration.
How Google squandered its lead in productivity / collaboration tools I will never understand 🤦♂️
Technology and regulatory changes are both making investing more accessible.
At the same time, we're seeing a massive shift in the cultural mindset from "renting" time to thinking like an equity holder.
Thread 👇
1/ Until the past few years, you had to make over $200K a year or have a net worth over $1M to make angel investments. The rules were incredibly restrictive.
The SEC recently changed the rules to make angel investing more accessible (though still not available to everyone yet).
2/ As a result, we're starting to see more venture rounds include employees, creators, customers, and everyday people: