Disruptive technology

Week 19 – US Bellwether Blast: show me the money


Microsoft (MSFT) and Alphabet (GOOGL) had over US$100bn in cash when they last spoke to the market– roughly the 60th largest country’s GDP. Our coverage is 10% the size of the bellwethers and has 10% of the cash, but the risk profiles are slightly different as their fixed costs are higher. It shows that tech is sustainable once it is scaled, but today’s macro makes getting there difficult.

Download full report with analyst certification and important disclosures

May 22 2023, 07:00 IST/BST