17 comments on “Idiot headlines

  1. Yes. That is a stupid headline. Not that I think Spotify or Dropbox are good investments. There’s too many rivals to both, many from existing players with another offering. Rent Microsoft Office, you get a ton of OneDrive thrown in. The music app on your phone and your Amazon account are pushing their music services.

  2. Hindsight is 20/20 though. For every rising Amazon / Google / Apple, there’s a falling IBM / HP / RIM (Blackberry). Not to mention all the smaller tech companies that never even made it big in the first place.

    Tech is a winner-takes-all market: either you corner the market in your niche (search, social networking, shopping); or you don’t. It’s not a sound investment for widows & orphans.

  3. Andrew M

    I don’t think tech is a winner take all any more than the book or car or camera or semiconductor market is.

    Unless by ‘tech’ you mean “idiot undifferentiable cloud-based service”. In which case it’s first past 30-35% or so.

  4. JerryC – its like not buying a ton of music CDs.
    I have it for free and listen to stuff on the computer at home. If I paid for a subscription I’d have access to a massive range of stuff I could download to my phone and use when out in the car.
    The music I’ve listened to this month on Spotify would probably cost me over a grand if I tried to buy it. That’s in one month.

    Radio you listen to what other people choose, streaming music service you listen to what you choose.

  5. “Tech is a winner-takes-all market: either you corner the market in your niche (search, social networking, shopping); or you don’t. It’s not a sound investment for widows & orphans.”

    After Apple, the next 9 companies by market cap (Samsung. Amazon, Foxconn, Google, Microsoft, Hitachi, IBM, Huawei, Dell) are hardly one-trick ponies.

  6. Like to add to what Martin’s said above.
    It also analyses what you’ve chosen to listen to & offers you more of the same or similar. Which in this house is little short of a miracle. Currently it’s giving us separate daily play lists based around modern alternative rock, acid trance, eclectic reggae & Brasilian current. In the past we’ve had Colombian reggaeton & Russian electro-pop.
    Best 10€’s a month I’m spending.

  7. It also analyses what you’ve chosen to listen to & offers you more of the same or similar.

    That’s just about the best reason I can think of for avoided that particular service… free or not.

  8. Facebook and Amazon? Not so much. Maybe in another decade Amazon might routinely start turning a profit but they’re sustained solely by investment right now. Facebook likely won’t even be here in a decade (or it will be the AOL of social media – the elderly still using it, everyone else having long since moved on to something new).

    What, exactly, does Dropbox provide that isn’t also provided by a dozen other companies *in addition* to giants like Google and Apple? Its simply a data repository. An undiferentiated cloud based service – a commodity.

  9. “JerryC
    March 18, 2018 at 3:35 pm

    I don’t really get Spotify. Isn’t it like paying to listen to the radio?”

    Customized radio with vastly greater program choice and no ads.

  10. BiS, similarly with Deezer. I do like the similar artists feature which has allowed me to discover so may other Blues musicians I would otherwise have missed or never have listened to. Current favourites discovered on Deezer – St Paul and The Broken Bones.

  11. “Customized radio with vastly greater program choice and no ads.”

    Ads aren’t the problem, I can tune them out. Wittering DJs on the other hand are intrusive and difficult to tune out.

  12. @Agamammon
    “Maybe in another decade Amazon might routinely start turning a profit”

    They do make a regular profit, but most of that comes from their cloud services AWS. Most of their potential profitability in the rest of their business is wiped out by ongoing investments, but as soon as they ease up on that there should be a strong flow of money from the business.

  13. I don’t really get Spotify. Isn’t it like paying to listen to the radio?

    If you own the radio station and tell the idiot DJ to shut up and play what you tell them to.

  14. Agammamon, – they do make a profit, it is used to grow the company by say $20 billion a year turnover etc. There really isn’t a major benefit to the company, any company, in producing a year end profit over growth.
    Think you were thinking of about 20 years ago when they were running at a loss for a few years and partly kept going by investment.
    Things have changed considerably since that time.

  15. Henry Crun – yes, finding similar artists / albums I would not have noticed in the shops or have never even heard of. Some I don’t like, some I like enough to listen to all the albums that artist is on.
    I like the mando family of instruments (mandolin, mandola, mandriola, mandocello etc) – have found lots of very good musicians to listen to using the streaming service.
    Plus old favourite albums by artists that cannot be found in the shops any more.

  16. Global IT revenue is about $1.5 trillion give or take a hundred billion or so, depending on what you count as IT. All your tech investment has to do is carve out a little of that for yourself and you have a “good” investment.

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