Vertical Integrators

PM writes: Love me some vertical integration... and synchronicities. The day Anton sent me a draft of this piece, my Readwise surfaced a highlight from Softwar, which I read five years ago, in which Ellison says: “If Detroit ran like Silicon Valley, nobody would sell cars—just parts. Customers would have to figure out which were the ‘best parts’ — ... See more

Toolmakers are closer to what I’d categorize as actual deep tech. They are solving deeply technical problems in order to give humanity fundamentally new capabilities. They’re often the ones pushing the exponential curves. A company developing a new type of semiconductor, new materials, or more efficient solar cells might fit into this category.

Tech... See more