The Great Sorting

Framework Note

The Great Unbundling taxonomy describes how companies pay for things (Tech Gatekeepers, Content Fortresses, Linear Yield-Cos, PE Aggregators). The tiers describe where companies end up after the collision shakes out. The taxonomy categories don't disappear; they resolve into structural positions based on which combination of assets and strategies proved durable. The tiers are outcomes; the taxonomy describes behavioral logic. The domain changes. The operation does not.