and ACS don't sell softwa

and ACS don't sell softwa,[link widoczny dla zalogowanych]
I think sachinag is trying to say that consulting companies are services companies,[link widoczny dla zalogowanych], whereas startups and silicon valley seem to revolve around product companies. The semantics of the distinction are around scalability of the business. Investors agree. Fiserv is a $6B company that I had never heard of. I'd probably rather go long on Facebook or Twitter, but a savvy investor might disagree.-----sachinag 1366 days ago | link
Google's fascinating when it comes to categorization. I think it's pretty clear that they make software. What's awesome is that they,[link widoczny dla zalogowanych], as you say,[link widoczny dla zalogowanych], don't monetize that s/w by selling it (like 37signals or whatever other internet company); they do so through the sale of advertising space. They're the biggest dichotomy between core competencies (software engineering) and monetization (ads) that I can think of, perhaps in history.-----nostrademons 1365 days ago | link
GE: Core competency = training middle management. Or maybe it's selection bias,[link widoczny dla zalogowanych], and the ones that do well do really well but the rest fail miserably. Either way, I'm waiting for some company to close the Google - Nike loop by leveraging their expertise in sneakers and sportswear to sell lots of software.-----stilist 1365 days ago | link
Looking at it in a slightly different way,[link widoczny dla zalogowanych], Nike+ uses expertise with shoes and expertise with interaction design to sell a decent amount of hardware.-----pg 1365 days ago | link
Exactly. And if you prune the consulting firms (and IBM, which was founded before Silicon Valley existed),[link widoczny dla zalogowanych], it's striking how dominant California is.-----wheels 1366 days ago | link
These are the largest 20 companies classified by Forbes as software companies. With the large organizations it's almost impossible to say, "they do that" since they invariably do a lot of things; any other hand-wavey sorting wouldn't have been significantly more objective.-----sachinag 1366 days ago | link
Bullshit,[link widoczny dla zalogowanych]. They're interested only in very specific aspects of a company and they categorize accordingly,[link widoczny dla zalogowanych].-----sachinag 1365 days ago | link
SIC codes - not SEC codes,[link widoczny dla zalogowanych]. Just the easiest list to find. SIC are international,[link widoczny dla zalogowanych].-----fauigerzigerk 1364 days ago | link
Also, some locations are bogus. Accenture is incorporated in Bermuda for tax purposes,[link widoczny dla zalogowanych], but the actual work is done in many major cities. IBM,[link widoczny dla zalogowanych], though the headquarters are in NY, has major offices in Silicon Valley.-----abossy 1365 days ago | link
IBM has major offices of comparable size in Austin,[link widoczny dla zalogowanych], Raleigh, and several international locations,[link widoczny dla zalogowanych], as well. I would say the proportion of their Silicon Valley presence is insignificant. They're probably to big and historic to localize, in any case.-----
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