Tech companies command fantastic valuations and are routinely exempt from doing things that tired old-fashioned analog companies do- like make a profit, or make strategic sense.
But really, what is a tech company? Soon to IPO, WeWork and Peloton, don’t have much in common: one company rents empty buildings and converts them into office space, and the other sells home fitness equipment and streaming classes, both, though, claim to be tech companies.… Read more