Fred Wilson of New York’s Union Square Ventures, one of the top
tech investors around, believes that by 2020, the biggest tech
company in the world — Apple — will cease to be the most
important, and won’t even be in the top three.
Speaking at today’s TC Disrupt conference in NYC, he predicted
that the top three tech companies, instead, will be Google,
Facebook “and one that we’ve never heard of.”
Why? Apple, he believes, is “too rooted to hardware,” with not
enough tied into the cloud, and that will make it too much of a
challenge for it to evolve going forward. “I think hardware is
increasingly becoming a commodity,” he said. “Their stuff in the
cloud is largely not good. I don’t think they think about data and
Anything could happen, especially if our measuring stick is stock price. Apple certainly won’t be the biggest tech company in the world forever.