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The business world can never go back to the way things were

The writer is a partner at Sequoia Capital 

Judging by the number of self-administered haircuts visible on  Zoom calls these days, hairdressers have nothing to fear about their long-term prospects once the devastating disruption to their business ends. The same is not true for many other businesses, as Covid-19 reshapes the contours of our lives. 

The plague sweeping the world has turbocharged the growth of the internet and catapulted us into the future. In the space of March 2020, many businesses fast-forwarded to 2025. For some this meant a surge in activity, but for a vast number doomsday has come early.

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