{ "media_type": "text", "post_content": "Looking at exits and know big tech is not the play anymore. What are the FAANG companies of 2030? What companies should people be exiting to now? Med device? AI? Cyber?", "post_id": "6123716428c1df001d658a95", "reply_count": 14, "vote_count": 4, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

Looking at exits and know big tech is not the play anymore. What are the FAANG companies of 2030? What companies should people be exiting to now? Med device? AI? Cyber?

likefunny
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Yeah lmk why FAANG isn’t the play - I’ll look to jump, want to be ahead of the curve too!

likefunny

Same!

Lmao "med device, ai, cyber" Big tech is deep in all three of those areas and has some of the most if not the most mature offerings for the latter two (all of them for AI, MS for cyber). You probably need to 1) familiarize yourself with the tech first, 2) articulate why you think big tech isn't going to be dominant, 3) assess whether that explanation is plausible, and 4) then assess the likelihood that you'd be able to pick the next big winner. For the last point, your odds are low not just because it's hard to pick one, but also because big tech companies are far more dynamic than big consulting firms and are in fact also dumping huge amounts of money into the next big thing alongside all the other startups. So they're not necessarily going to completely miss the boat. Also consider that since you're not coming from tech, if you want tech specific jobs (technical or Prod M, etc), you don't have the tech company pedigree that you can fall back on yet. So big tech may be a good place to start and figure things out, then jump. You've got a few years anyway to find that rocketship.

likesmarthelpful

This

Why is big tech not the play anymore?

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OP didn’t get an offer which signals FAANG is no longer in the market for top talent.

likefunny

To provide the counter argument for why not to go to big tech, it’s difficult to 10x when you’re already $2.5T; maybe I’ll be wrong about that in 5 years but it’ll be crazy when a company’s EV is greater than US GDP. Also, google and Apple both shut down their health divisions. Even for big tech, it’s hard to win outside their core businesses. Which of alphabet’s moonshots has succeeded? The only one that you could say is Waymo, which hasn’t clearly won a winner take all market that Tesla is currently dominating All else equal, I’d still choose Google over 99% of tech companies

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DocuSign was in 2015.

Square

When there’s a rocket ship, you don’t ask why to hop on. You ask “what seat?” 🚀

funny

Sustainable battery tech

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