> Also why is it that the majority of the large tech companies are essentially marketplaces? They're not. Non marketplaces: Apple, Microsoft, Huawei, SAP, TSM

> Also why is it that the majority of the large tech companies are essentially marketplaces? They're not. Non marketplaces: Apple, Microsoft, Huawei, SAP, TSMC, ARM, Intel, Samsung, SK, Cisco, Nvidia, AMD, IBM, Texas Instruments, Salesforce, Oracle, ASML, NXP, Netflix, Zoom, Dell, VMWare, Adobe, Applied Materials, Broadcom, Micron, Qualcomm, Intuit, Foxconn, Snapchat, Ant Financial, PayPal, Square, Stripe, Fiserv, Ericsson, Tesla, SpaceX, Activision, Electronic Arts, Nintendo, Sony, Twitter, Lenovo, HP, HP Enterprise, Lam Research, ZTE, Xiaomi, Western Digital, Seagate, Workday, ServiceNow, Veeva, Analog Devices, Canon, Spotify, Datadog, Cloudflare, Akamai, CrowdStrike, Elastic, DocuSign, Okta, Palo Alto Networks, Atlassian, Twilio, Fortinet, MongoDB, plus a hundred other companies. Mixed marketplace conglomerates: Google, Facebook, Tencent, Baidu, ByteDance. Marketplaces: Amazon, Alibaba, eBay, Etsy, Shopify, Craigslist, MercadoLibre, Uber, Lyft, Didi, Pinterest, Booking, Upwork, Fiverr, Redfin, Zillow, Expedia, Trip.com, Yelp, TripAdvisor, Groupon, and a few other small players. It's not close at all, marketplaces are the modest minority of large tech companies, both in terms of market value and particularly when it comes to sales (giants like Sony, Dell and HP have relatively smaller market values and massive sales and large numbers of employees).