The trouble with this definition is that as it defines tech as an advantage, it intrinsically depends on what your competitors are doing. Is Netflix still a te

The trouble with this definition is that as it defines tech as an advantage, it intrinsically depends on what your competitors are doing. Is Netflix still a tech company when Disney (incumbent) now offers similar tech? Does Netflix still have tech as its principal competitive advantage, or are subscribers now choosing who they subscribe to based on content? If the latter, then Netflix is now a media company, and whatever tech superiority they still have is about as relevant as Betamax's tech superiority over VHS.