Chapter
What Makes a True Tech Company?
1:20:04 - 1:24:29 (04:25)
The presence of engineers on staff and a focus on in-house research and development differentiate true tech companies from traditional ones that outsource R&D to third-party companies.
Clips
Tim Cook is reportedly waiting for his signature product, the AR glasses, to launch before he retires.
1:20:04 - 1:21:46 (01:41)
Tim Cook
Summary
Tim Cook is reportedly waiting for his signature product, the AR glasses, to launch before he retires. This product could be the next major computing platform, and its success will determine the verdict on Cook's leadership at Apple.
ChapterWhat Makes a True Tech Company?
EpisodeE55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The amount of money a company spends on R&D does not necessarily indicate how much innovation is happening in the company.
1:21:46 - 1:24:29 (02:43)
Tech Company
Summary
The amount of money a company spends on R&D does not necessarily indicate how much innovation is happening in the company. Third-party companies often receive most of the R&D budget, hence a better way to differentiate a true tech company from others is by looking at how much the company spends on internal R&D.