September 20, 2016

When every company is a tech company, valuations go insane

LOS ANGELES, CA. - MARCH 12, 2014: Blue Bottle Coffee shot in the Los Angeles Times Studio an item from the Natural Products show in Ananheim that Mary will talk about on March 12, 2014. (Photo by Anne Cusack/Los Angeles Times via Getty Images) Users, subscribers, growth, global expansion, minimal marginal costs, the promise of future success; this all sounds a bit like the verbiage of a tech company — and that's because the industry has fallen in love with the idea that every trendy fast-growing company is a tech company. Read More

Source: TechCrunch