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WiM002 - The Saylor Series | Episode 2 | The Rise of Man through the Dark and Steel Ages

The "What is Money?" Show

CHAPTER

The Growth Companies Are Not Technology Companies

All the great businesses, the growth companies, were alltech companies in their time. And eventually, and almost by definition, they stop growing when they are no longer cutting edge technology companies. There are other businesses that are more like rent seeking businesses, or their concessions. The guy that sell sbottled water in the shadow of the notre dam cathedral, that's a business. It relies upon political largesse.

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