Nothing against new ideas. Some of them might even be good ones! But just because a company is based in the Bay Area and does something on your smartphone doesn’t really make it “tech” at this point any more than something which uses that new-fangled electricity is tech.
He’s right. Uber is basically a taxi service. Grubhub is food delivery. Air B&B is a B&B. Stubhub is a scalper.
But all these guys think that they are geniuses of the first order, because ……… Internet. (or because ………Smart Phone)
This is why we find Silicon Valley to be a lot like Lord of the Flies.
It’s the only way to keep the all balls into the air is to never stop.