Entrepreneurship

The Four Horsemen theory of investing

In early 1995, when I first started investing and I was working at Cisco, the company was called one of the four horsemen of the Internet.

The four were Microsoft, Intel, Cisco and DELL (+1 Oracle). Nothing could stop them at that time. (DIMCO)

Meet the new 'four horsemen' of tech: Sorry, Microsoft, Dell, Cisco and Intel - GeekWire
Four horsemen of 1990’s

The four horsemen of 2000’s were ignored because they were in China (BATS) – Baidu, Alibaba, Tencent and Sina (+1 – JD.com)

The State of Chinese Social Media in 2016: What You Need to Know Five Trends in China's Fast-Moving Social Landscape – Chinese Tourist

For the next decade the four horsemen (+1) were FAANG (Facebook. Apple, Amazon, Netflix, Google)

Why you need to own the Four Horsemen of Tech
Four horsemen of 2010s

The four horsemen (+1) of Covid without doubt have been: Tesla, Zoom, Peloton, Docusign and Shopify.

The new horsemen (+1) of 2020 – 2030 are being formed right now. There are a few candidates.

Nvidia (AI and Chips)

Tesla (Electric cars)

Shopify (eCommerce)

Peloton (Connected fitness)

SEA Limited (Singapore)

Mercado Libre (Argentina)

Are there others you can think of? Message me on Twitter – @mukund