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Growth Average

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Earlier this week, Deloitte released the Technology Fast 500, ranking the fastest growing companies — large, small, public and private – spanning a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, life sciences and clean technology.  The top company, MobileIron, had revenue growth of 123,678% during the period from 2009 to 2013.  The 500th ranked company, Welocalize, clocked a 135% revenue growth.  The complete ranking can be found here.

Impressive growth rates, yes.  However, the average growth rate in 2014 doesn’t compare to past years’ lists.

growthrate_1As we all learned in the boom & bust years of high growth companies, scaling too quickly isn’t sustainable for any business. We believe consistent and steady growth builds lasting companies.