@shuttle1987 covered our points, would be interested in your feedback. Just have to write conclusion.
originally I added this but removed ... what are your thoughts?:
What are the advantages and disadvantages of claiming tech company status?
Now that you have a better idea of whether yours is a tech company, it's time to take a look at the rewards and drawbacks of calling yourself one. Inc. Magazine makes a compelling argument for both sides. While the label could give you a competitive edge in appealing to talent, attracting funding, accessing tax incentives and subsidies and at least delaying regulations, potential risks include inadvertently inflating an already dangerously large bubble.
@shuttle1987 covered our points, would be interested in your feedback. Just have to write conclusion.
originally I added this but removed ... what are your thoughts?:
What are the advantages and disadvantages of claiming tech company status?
Now that you have a better idea of whether yours is a tech company, it's time to take a look at the rewards and drawbacks of calling yourself one. Inc. Magazine makes a compelling argument for both sides. While the label could give you a competitive edge in appealing to talent, attracting funding, accessing tax incentives and subsidies and at least delaying regulations, potential risks include inadvertently inflating an already dangerously large bubble.
In fact, a recent Recode article suggests a decline in references to the "tech company" designation as businesses market themselves to investors and customers. Considering the ubiquity of the term and the recent legal and regulatory struggles of a few high-profile tech companies, it's easy to see the need for caution.