[mbesto]

> A "tech" company is a company that provides a good or service that is either completely new and only possible because of a technological innovation, or is a new company providing an existing service using a different vertical stack based on technology which came available after the incumbents were started.

That's such a vague definition and one could seemingly fit every company into being a "tech" company if they wanted to. How do you unilaterally define something that is "completely new"? What precisely is a technological innovation? Isn't the iPhone not "completely new", since we had palm pilot and blackberry before it? Is a personal computer considered "completely new" even when mainframes existed before? How do you draw the line between a laptop that has a touch screen (but still has a keyboard) and one that is just a touch screen (iPad Pro for example)?