2 ms·
There'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 b
by dclusin 7y ago
There'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.