Berkire Hathaway CEO Warren Buffett acknowledged that the “capital intensity” of tech companies is rising. A couple years ago, he had cited the lack of need for capital as one big advantage that tech companies had over others.
Berkire Hathaway CEO Warren Buffett acknowledged that the “capital intensity” of tech companies is rising. A couple years ago, he had cited the lack of need for capital as one big advantage that tech companies had over others.