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by rvz
2291 days ago
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Correct. No-one's completely safe. But those companies you mention that are made up of the FAAMNG including Netflix are powering the majority of the internet services such as (AWS, GCP, Azure, Facebook Ads and Apple Services) which are used by many developers and startups. For some of them, this isn't even their main source of revenue generation. It's the unsustainable VC funded, near-zero revenue, rapid growth and high costs burn rate so called 'tech' startups which some have IPO'd or some are still raising capital with no plan for a profit that will not survive. |
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