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by mbesto 214 days ago
Tech isn't a market thats why.... but there is a narrative that it is.

Tesla is an automobile, solar and robotics company.

Facebook is a media company.

Google is a highly diversified media company.

The list goes on and on...

Fun fact: Goldman Sachs spends $1.9B on technology ever year. Palantir spends about $1B (if you add COGS/Infra + R&D).