The best 3 answers to the WHY NOW question 🤔

Most tech companies achieve success by capitalizing on a pivotal moment of systemic change. Here are the top 3 answers to the "Why Now" question, as outlined by YC's Garry Tan:

🚀 Technology Change: Harnessing technological advancements can spark a surge in innovation. Consider the explosion of mobile-first companies following the launch of the Apple iPhone in 2008, including Uber, Doordash, Square, and Venmo.

🔄 Behavioral Change: Shifts in generations lead to shifts in behavior. Compare the behaviors of the TikTok generation today with those of the Facebook generation in the early 2000s, illustrating the impact of evolving demographics on market dynamics.

⚖️ Regulatory Change: Changes in regulations can either hinder or propel innovation forward. For instance, initiatives like open banking or GDPR in Europe have spurred the creation of numerous startups, demonstrating how regulatory shifts can shape entrepreneurial landscapes.