top | item 45930019

(no title)

hnthrowawayacct | 3 months ago

why is hims and hers listed as a tech company?

discuss

order

mbesto|3 months 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).

krkb|3 months ago

Great question. I included them because they would argue very tech enabled. Also, around $10B market cap cutoff. In a future iteration I may make it so you can edit which companies get displayed...if that's interesting to people.

Terr_|3 months ago

It looks like the company (ticker: HIMS) has made a lot of noise about being an AI-enabled telehealth company etc., so it might be one of those "because it's on the internet" things.

francisofascii|3 months ago

Maybe because it's HQ is in the Bay area? :)

lotsofpulp|3 months ago

If Netflix is a tech company, why aren’t any of the other streaming businesses?

I guess that’s just Comcast and Disney, since Paramount went private, and WarnerBros is about to also.

is_true|3 months ago

In my experience using both Netflix and Disney+ I have to say that Netflix is clearly a tech company or Disney+ is a pigeon carrier company.