This is a patent trend that companies use to absolve themselves of tax responsibilities as well as fair work laws (fair work laws cover employee compensation, social security, working hours and occupational safety amongst others). The other impact is to prepare shareholders mind to expect extreme growth, zero dividends for a long time to come, essentially a money-pit which never becomes profitable despite growing market share, high likelihood of bankruptcy and losing all the money.

“Tech company” sounds really good to hear, futuristic but in essence it is a lobbying & brainwashing exercise to subdue/numb public conscience to the level to be able to use legal loopholes mercilessly and without accountability.