3 ms·
I'm not sure what you mean. Blue chips like IBM and Microsoft were making bank even in the late 90s. Lots of money in tech isn't new.
by selfhoster11 5y ago
I'm not sure what you mean. Blue chips like IBM and Microsoft were making bank even in the late 90s. Lots of money in tech isn't new.
- dasil003 5y agoUp until web 2.0 and the smart phone revolution it was mostly hardware, and mostly business. What changed was once the majority of the consumer market and attention span was tapped via ubiquitous web and mobile penetration which opened up the possibility for software companies to extract maximum value from every single consumer. Consider this: https://www.visualcapitalist.com/a-visual-history-of-the-largest-companies-by-market-cap-1999-today/ https://www.visualcapitalist.com/a-visual-history-of-the-lar... In 1999 (dotcom peak!) there were 5 companies in the top 10 (1 software, 4 hardware). In 2019 it was 7 out of 10, including the top 5 spots.