Packy McCormick

Packy McCormick argues that while Aggregators like Google and Facebook won the Internet era by aggregating demand, the next generation of successful tech companies will be Vertical Integrators that vertically integrate physical supply chains. Drawing parallels with the Second Industrial Revolution, he posits that Vertical Integrators combine cutting-edge technologies into a coherent system, developing capabilities across the stack to compete directly with incumbents. Companies like SpaceX epitomize this model, integrating various components into a vertically integrated whole rather than relying on breakthrough innovations.