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What makes blue apron a tech IPO?
by jliptzin 9y ago
What makes blue apron a tech IPO?
- criddell 9y agoI'm not certain, but I'd guess it's two things: 1. You interact with them almost entirely through the web. 2. Significant logistics around recipe design, ingredient acquisition, and delivery. If neither of those qualifies them as a tech IPO, then what makes Uber a tech company?
- manigandham 9y ago> then what makes Uber a tech company Nothing. They are a transportation/logistics provider.
- hari_seldon_ 9y ago^ this. I think the bigger question becomes "why does it matter if something is a tech company?" Is it because that is what makes it easier to raise money today? If that's the case, then I wish more investors and analysts would go back to first principles and understand why slapping a "tech" label on a company does not necessarily mean it will scale well or succeed in the long run.
- barkingcat 9y agoUber's primary competitor are taxicabs - they are a transportation company.
- criddell 9y agoThere's a Quora question[1] about this that has a different take than you: > Uber is a tech company because that's what we do. We create a service that powers a marketplace through technology, and we provide apps that let people participate to this marketplace. Specifically, that marketplace lets individual users or businesses buy transportation services from partners. > We are not a transportation company because we don't transport goods or people - our partners do. We just facilitate that. And we are not a cab company for the same reasons, and on top of this, we don't own a fleet of vehicles. 1: https://www.quora.com/Why-is-Uber-considered-a-technology-company-and-a-lot-of-people-place-it-among-tech-giants-like-Google-Facebook-etc https://www.quora.com/Why-is-Uber-considered-a-technology-co...