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If your revenue isn't driven by your technology, then you aren't a tech company. If it is, then you are. There's tons of software companies that make money by
by notatoad 7y ago
If your revenue isn't driven by your technology, then you aren't a tech company. If it is, then you are. There's tons of software companies that make money by selling (directly, or by charging licensing, usage fees, etc) for their software.
WeWork isn't selling software, or any other form of technology. They're renting property.
- OJFord 7y agoSo if Uber's model was subscription-only software that enabled ~unlimited~ fair usage many rides, it would be a tech company, but as it is it isn't? I'm not disagreeing with the conclusions about WeWork and Uber, I just think it's hard or not possible to define what it is, and what does it really mean anyway: to varying degrees any company in any sector is enabled by 'tech'.
- notatoad 7y ago>if Uber's model was subscription-only software that enabled ~unlimited~ fair usage many rides I have no idea what this sentence means. But if Uber was a company that sold software to taxi companies then they'd be a tech company. As it is they sell car rides, not software, and so are a taxi company more than they are a tech company.
- OJFord 7y agoI mean that if Uber provides the same service, but the pricing model is such that you pay for the software instead of the car ride directly, it's suddenly a 'tech company'? If pricing model is how we categorise a company as a 'tech company' or not then I don't see that it's a useful category.