… and competition comes screaming into their short-lived dominance and leaves them reeling with a mountain of debt and no profits. Barriers to entry are quite s

… and competition comes screaming into their short-lived dominance and leaves them reeling with a mountain of debt and no profits. Barriers to entry are quite small for tech companies, so it always amazes me when analysts and dreamy investors rave about how their favorite “unicorn” tech company will dominate or is “disruptive”. Their disruption and dominance is likely to be short.