Very interesting chart in @axios newletter: total cash on hand by industry. Tech's crazy growth dominates on this metric.pic.twitter.com/C9EQyGY2nq
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Yea, that's the corollary that I'm most interested in. They have the ability to project this power into new realms, but lack ideas.
What's it say when the biggest / most innovative companies are out of ideas? Are we at the final stage of the Perez curve?
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