Good morning.
The biggest business trend of the last 50 years has been dematerialization. Creating economic value has become ever less about making, mining, and selling physical stuff, and ever more about software, services, and the like.
But if you look at this year’s list of Fortune’s 100 Fastest Growing Companies, you may think you’ve entered a time warp. Gone are the tech companies—Amazon and Facebook are off the list this year—as well as the many finance and health care companies that dominated past lists. What’s in their place? A variety of companies that make, mine and sell physical stuff.
