>Do you have all of your net worth tied up in Facebook, Google, Amazon, Apple and Microsoft stock? If not, then your hard stance on the matter is pretty empty.

>Do you have all of your net worth tied up in Facebook, Google, Amazon, Apple and Microsoft stock? If not, then your hard stance on the matter is pretty empty. That's a pretty naive view to how markets work. You can easily come up with scenarios where FAANG companies end up wrecking the scene for both startups and themselves. Stifle innovation long enough through a combination of acquisitions and lobbying government officials for big tech company legislation (e.g. this EU copyright bill, GDPR, obscure data compliance specs, etc) to ensure that nothing too disruptive can really take hold. Then just bloat like all uncompetitive companies while failing to meaningfully grow revenue for 30 years and you have a recipe for underperforming the rest of the market.