2minutebitcoin on Nostr: We think of tech exclusively as computers today but that isn't correct. All the great ...
We think of tech exclusively as computers today but that isn't correct.
All the great growth companies in history were technology companies in their time.
Things like Standard Oil, Post Cereal, U.S. Steel, Boeing, IBM - all of them brought new technology to the market - that is why they grew so fast!
Any such growth business is therefore a technology business.
And almost by definition - they stop growing once they’re no longer cutting edge.
There are other ways to grow companies - financial engineering (loans/leverage), political/regulatory capture (rent-seeking) or breakthrough marketing - but they’re not gonna be $1 Trillion companies
-- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here https://www.2minutebitcoin.org/blog/saylor-series-episode-2-the-rise-of-man-through-the-dark-and-steel-ages-robert-breedlove
All the great growth companies in history were technology companies in their time.
Things like Standard Oil, Post Cereal, U.S. Steel, Boeing, IBM - all of them brought new technology to the market - that is why they grew so fast!
Any such growth business is therefore a technology business.
And almost by definition - they stop growing once they’re no longer cutting edge.
There are other ways to grow companies - financial engineering (loans/leverage), political/regulatory capture (rent-seeking) or breakthrough marketing - but they’re not gonna be $1 Trillion companies
-- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here https://www.2minutebitcoin.org/blog/saylor-series-episode-2-the-rise-of-man-through-the-dark-and-steel-ages-robert-breedlove