[fractionalhare]

A company whose revenue is primarily derived from a technology characterized by high margin, high scalability and low fixed costs. One could also say that such a technology should be the primary differentiator for the product. The products therefore tend towards software and hardware as applied to a pre-existing market, but that's not an ironclad rule.

[H8crilA]

So for example not Tesla (high fixed costs, low margin), not Uber (negative margin), and not Amazon (the retail part is low margin; AWS actually fits).

And things like Wish clearly only if we're talking gross margin, not operating margins. The amount of ads they're running is crazy.

[fractionalhare]

Yeah, those first three are good counterexamples. My definition has to be reworked.

I don't really think Wish is a tech company though.