News for hackers. Stuff that matters.

A comment on Netflix is not a tech company (2019). Parent comment

Re:Netflix is not a tech company (2019) by tshaddox on Tuesday September 07, 2021 @12:36PM (#28446793)
What about companies that aren’t remotely profitable at all? Isn’t that a huge portion of notable tech companies?
[ Parent | on HN ]
Re:Netflix is not a tech company (2019) by tomrod on Tuesday September 07, 2021 @02:02PM (#28447808)
Better term would probably be revenue driver, which is typically what is meant by "profit center." In other words, IT brings sales contracts through the door.
[ Parent | on HN ]
Re:Netflix is not a tech company (2019) by burntoutfire on Tuesday September 07, 2021 @04:32PM (#28449561)
For banks, online banking is a huge driver of business. Some banks have even started claiming (I suspect mostly for recruiting purposes) that they are "in tech sector".
[ Parent | on HN ]