It is not the same winner take most dynamic: Most companies in a sector are not competing against one another, often they provide complementary goods and servic

It is not the same winner take most dynamic: Most companies in a sector are not competing against one another, often they provide complementary goods and services. Also, small pieces of a big market can still be large. Putting aside the specific example of computer hardware it is clear that industry and sector macro trends exist: Consider the DotCom boom when tech VCs made superlative returns.