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If you agree with the hypothesis that every company will be a tech company then, then the largest market opportunity for VC for tech-first version of almost any
by rdlecler1 9y ago
If you agree with the hypothesis that every company will be a tech company then, then the largest market opportunity for VC for tech-first version of almost any major incumbent. This is especially true in traditional industries that have lacked major innovation. Tesla was one example but we’re seeing AgTech as well: Indogo threatening to become a new seed company, Farmers Business Network threatening Cargill. If there is talent, boat loads of money and a strong technical edge there is an opportunity to displace most incubamts. Unfortunately we’re not investing enough in the upstage pipeline to make this happen more quickly.
- totalZero 9y ago> the hypothesis that every company will be a tech company It's hard to argue that there is a single company in the S&P 500 which does not use technology as part of doing its core business. The idea that a company is a tech company may not be so useful. What is your definition of a tech company? Almost every company uses technology in one way or another, but if the breakdown of the S&P is an indication of our true beliefs, then one might say we tend not to categorize them as being in the "tech" sector. I suppose Netflix is an example of a media company that is also a tech company, but I think over time we will restrict the idea of a tech company to harder tech, like semiconductor fabrication and operating system development.