1/ POST-PANDEMIC
2 kinds of winning co’s may emerge

𝟭 𝗡𝗔𝗧𝗜𝗢𝗡𝗔𝗟𝗜𝗭𝗘𝗗-𝗣𝗥𝗜𝗩𝗔𝗧𝗜𝗭𝗘𝗗 𝗪𝗔𝗩𝗘
-think 1980s europe (BP, Total...)
-repurposed/bailed out by govt––then privatized

𝟮 𝗥𝗘𝗔𝗟 𝗧𝗘𝗖𝗛/𝗕𝗜𝗢𝗧𝗘𝗖𝗛
-engineering + infrastructure
-not consumer mktg

2/ Some see national-lite: just benevolent repurposing of assets + human capital
(out of philanthropy or government decree)
https://twitter.com/ford/status/1247194723053449219?s=21 https://twitter.com/ford/status/1247194723053449219

3/ Others see overt nationalization + privatization

Here is a long list of refresher of companies that became government owned and then “privatized” BUT government RETAINS meaningful ownership––in shares + influence
https://en.wikipedia.org/wiki/List_of_privatizations_by_country

4/ Like Norway, France, Sweden—

5/ In the 2nd group (“real tech”/biotech)—

you see a similar national priority of necessity
of reshoring of domestic capability (reducing risk + reliance on foreign supply chains)
or adding redundancy
(3D printing, semiconductors, comms equipment, energy, transport)

6/ you also see far less capital (or attention or talent) going to “consumer marketing” that masqueraded as “tech”.

Basically anything retail oriented that advertised on NYC subway...

There will always be new brands “it aint your fathers ___x___” but far less capital.

7/ Much greater access of capital for
<—biotech—-(biotech x computer science)—(computer science x manufacturing)—-manufacturing—-robotics + automation—>

8/ On “𝗧𝘆𝗽𝗲𝟭” co’s (Nationalized-Privatized)

US gov + “relocation” expenses.... https://www.forbes.com/sites/kenrapoza/2020/04/10/kudlow-pay-the-moving-costs-of-american-companies-leaving-china/

9/ On “Type1” companies (Nationalization/Privatization)
https://twitter.com/jefferygilbert/status/1247841872317472768?s=21 https://twitter.com/jefferygilbert/status/1247841872317472768