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The answer to "why businesses that don't develop technology are called 'tech' businesses" is: Valuation. If DTC pet supplies wasn't "tech" it would never get f

• gumby 3y ago
  A good example of how cynicism can sometimes simply be accuracy.
• Apocryphon 3y ago
  > Most of what we think of innovation is really business model innovation, rather than technology innovation. We are more easily amused and excited by the latter, but what changes our lives more often is the former. > Yet, many technology innovations fail to make it past the showroom stage. Often, it's because they are neat tricks, but they don't solve real problems. Or they are useful, but not just as helpful, or for enough for people, so they find new lives. Those innovations can, for example, become niche players. Segway is a good example. We did not end up rebuilding cities around "Ginger" as it was previously known, but they did become the vehicle of choice for mall cops everywhere. https://www.readmargins.com/p/jokes-you-invented-bad-jokes https://www.readmargins.com/p/jokes-you-invented-bad-jokes
  • JambalayaJim 3y ago
    Segway is a big player in the blossoming e-scooter industry today. It comes around!
    • Apocryphon 3y ago
      The article doesn't disagree - "That's more success than most companies could ever hope for, but still a bit of a shorter throw than an urban renaissance."
• pishpash 3y ago
  During the digitization stage of the economy every company can be a tech company. That's the thesis.