Nice article. In the new space age, the P/S alone may not be the right measure. Along with the primary potential there are also avenues for leveraging the innovations for earthly businesses which could propel the stock for a nice take-off. About 2 decades ago an online company named Amazon was posting losses quarter after quarter but was still the darling of the stock market with lofty valuations. In fact the stock analysts ended up redefining the P/S for the knowledge industry with some justification. This also could be a case of such high risk, high reward scenario.

I see too many risks with this approach. since the insider holding is minimal, the management direction can be easily manipulated by the institutional holders.Though public hold a large chunk, they don't influence day to day operations and also are susceptible to panic reactions leading to high volatility with the herd mentality. There is no stabilizing cover in case of sentimental fluctuations.

If the stock price is not backed by the fundamentals, investing becomes gambling.

In the same lines, Google/Android should copyright the word "sleep" so that no-one else can use it.

If you have a problem with their playstore revenue sharing model, why are you still going behind them? You do it only because it's still profitable for you. You always had an option of directly providing it in your website for users to download Android version of your apps.Google, as a service provider here, should host the facility, put in some security and some R&D to ensure their users aren't impacted by unscrupulous elements and hackers posting app . 

The chart would've been worth 1000 words.

Just because a distribution channel is prone to be faulty, you don't need to use an absolute right over it like a firewall. You can make the same claim for chips, factory, telecom operators, distribution and even the userdata.Address the problem by collaborating instead of seclusion. 

Disrupters will get disrupted unless they are nimble enough to move when required. The range of stocks need to change with the management, the business and market dynamics while accommodating newcomers and let go of some incumbents when the threshold is reached. It would not be correct to assume every time-frame will be comparable to pandemic time-frame in terms of opportunities. The core approach and philosophy of the fund needs to be evaluated than the immediate return or the prospect of getting phenomenal return in every time-frame.

Enterprise offerings could be the real revenue earners by customising to the corporates.

Till the price and future variance is fairly stable like other currencies, it's hard to have Bitcoin as a general acceptable currency. They should differentiate between the stock and currency value.