3 ms·
There has to be a better definition than this, that's true for any company with great economy of scale.
by KaoruAoiShiho 7y ago
There has to be a better definition than this, that's true for any company with great economy of scale.
- dclusin 7y agoThere's a sibling post to mine that has a link to a blog post elucidating on what a tech company is. They go further than just 0 marginal cost. But that's the biggest one, and why tech companies justify such a big PE ratio.
- lozaning 7y agoIm a big fan of this article defining what is and isnt a tech company: https://stratechery.com/2019/what-is-a-tech-company/ https://stratechery.com/2019/what-is-a-tech-company/