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"Tech" is a colloquial term that I wouldn't think needs much explanation on HN. As far as I've ever heard, "Brick and Mortar" has never referred to an industry
by LMYahooTFY 9y ago
"Tech" is a colloquial term that I wouldn't think needs much explanation on HN.
As far as I've ever heard, "Brick and Mortar" has never referred to an industry. It's just an adjective for business that has a store front on a street. And we actually do group them in this regard, it simply isn't relevant all of the time.
- sp332 9y agoThe point is that Facebook and Amazon are not really in the same industry either.
- humanrebar 9y agoRight. Facebook and Google? Yes. Amazon and Alibaba? You could make an argument for that. Facebook and Alibaba? Probably not.
- LMYahooTFY 9y agoThey're not all within the "Technology Sector"? I understand the nuance, and Amazon is a black swan that we could debate endlessly. Isn't the more relevant consideration here how they're categorized in market/investment terms?
- kgwgk 9y agoActually Amazon is classified as Consumer Discretionary. It represents over 20% of the SPDR Consumer Discretionary ETF (XLY).
- UncleMeat 9y agoOne sells products to consumers and has a massive cloud platform. One is a social networking application that makes its money selling ads. They both employ a lot of software engineers and have big datacenters but it becomes increasingly less meaningful to bucket them together.