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Fortune India
|July 2016
The co-dependency of tech giants is sometimes helpful, often harmful, and reliably vexing.
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MANY INVESTORS would rather buy Puerto Rican bonds than try to take on a tech titan in its prime. Amazon owns e-commerce. Google is synonymous with search. Facebook dominates social media. Tech is a winner-take-all game, and as the Internet economy matures, building a winner from scratch looks less promising by the day. Even new categories like on-demand transportation and lodging quickly declare victors. Uber, founded in 2009, is worth $62.5 billion (Rs 3.95 lakh crore). Airbnb, just a year older, is valued at $22.5 billion.
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