Definitely a good example, although you can extend it to so many. In the US if you say "tech" people suddenly scramble to you because everyone is afraid of betting against you and becoming blockbuster.

Ex: Wework is another one. Many of the big rich real estate families in NYC all were heavily invested in it. None of them wanted to be the dinosaur left behind even with a company that was claiming to be "tech" without really being tech.