I find it unnerving that more traditional businesses are still valued on DCF, whereas it seems that if you become a tech giant, than you can get around it by sa

I find it unnerving that more traditional businesses are still valued on DCF, whereas it seems that if you become a tech giant, than you can get around it by saying: We're the 800 pound gorilla in this market and we're going to gobble it up. Don't worry about our cash situation. Both NFLX and AMZN fit this bill.