A study on development velocity, a crucial aspect of business-critical advantage in software development, reveals that larger companies often struggle with shipping code faster due to various factors. These include complicated and outdated codebases, excessive meetings, unclear requirements, and overreaching PR reviews. Many engineers cited build, compile, and deployment times as significant bottlenecks, while others struggled with documenting their codebase and understanding systems. The study suggests that companies should focus on improving process, people, codebase, devOps/tooling, motivation, debugging, and documentation to increase development velocity.