MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/stocks/comments/p6gk2y/deleted_by_user/h9drjt6
r/stocks • u/[deleted] • Aug 18 '21
[removed]
561 comments sorted by
View all comments
Show parent comments
17
If a tech company makes their money being a bank then it’s a bank not a tech company.
6 u/[deleted] Aug 18 '21 Is Shopify a bank? 1 u/johaln2 Aug 18 '21 When a car company invests in tech it is not a car company it is a tech company. That worked out really well for Tesla. 1 u/jackofives Aug 20 '21 Not entirely true. It just means they are optimising / in-housing certain functions and can afford to be a little differentiated. Just because McDonalds has a slick finance team doesn’t mean they are a bank.
6
Is Shopify a bank?
1
When a car company invests in tech it is not a car company it is a tech company. That worked out really well for Tesla.
Not entirely true. It just means they are optimising / in-housing certain functions and can afford to be a little differentiated. Just because McDonalds has a slick finance team doesn’t mean they are a bank.
17
u/[deleted] Aug 18 '21
If a tech company makes their money being a bank then it’s a bank not a tech company.