There's a saying I heard recently from someone in the tech business that goes something like this:
Things take longer in the short run but they happen faster in the long run
I am sure I've bastardized the quote but the point is important. Nothing happens as fast as you'd like but if you have a longer term horizon, it is amazing what you can accomplish.
I was reminded of this today when I saw the news of our portfolio company Indeed's five year anniversary.
Indeed.com launched five years ago. I have no idea how many job searches or visitors it had that day, but I can assure you it wasn't many. Five years later, they are the leader in the jobs industry online. Check out these stats:
• The #1 employment website in the US by job search unique visitors and page views (comScore Media Metrix, Oct 2009).
• Websites in 19 countries and 10 languages.
• 24 million unique visitors and one billion job searches per month worldwide.
• The leading pay-for-performance recruitment advertising network.
• The source of thousands of success stories from job seekers andrecruitment advertisers.
• A leading data provider, including Job Analytics, job trends, industry trends, job market competition, and salaries.
They did that in just five years. It's






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