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Yeah, but the only one of these that might be reliant on a booming tech startup industry for profitability is Amazon (due to AWS - I'm not sure how much of its revenues come from traditional enterprises vs. VC-fueled growth money).


Agreed that it’s not exactly the same but the larger point holds IMO. That is that the tech economy is more like the food web, where it’s not always obvious what chain effect will happen when something starts dying off




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