It happens at the top of every tech cycle – everyone wants to be a tech company. We’re there now.

But real tech companies do more than employ a lot of programmers. For investors, “Tech” is now shorthand for a range of attributes that go far beyond coding and the cloud. It disrupts and destroys existing businesses and (occasionally) social constructs like government. Tech is clubby - if you’re not inside, you’re outside. Done well, it generates outsized financial returns after first burning through a lot of cash. It engages millennials in the hopes they will be customers for life. And yes, tech makes a handful of people extremely wealthy because employees are also significant owners in the businesses they build. That’s why the world’s sharpest people so often end up in tech.

So before you try to argue for a higher valuation for a public company just because it claims to be “Tech”, consider our seven point checklist – “You might be a tech company if…"

http://www.zerohedge.com/news/2016-02-27/you-might-be-tech-company-if