The Bloomberg Terminal's success in the 1980s birthed an empire. Today, that empire is under siege from competitors, government regulations, and the changing nature of finance itself.
With the iPhone as a glaring example, and stretching through Amazon and e-commerce and more recently blockchain and bitcoin, many innovations have initially been met with derision by big company CEOs. History often proved them wrong.
Google's next big thing will likely come from one of its new priority areas, like cloud, transportation, and healthcare. Each has a massive, global addressable market and plays well to Google's strength in AI.
Tencent was an investor in a whopping 12 tech companies that have gone public since the start of 2017.