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Bit first, this is not cash lying around, this is new debt. Second ,Even if you take all of Google's investments into innovation and and look at them combined ,
by petra 11y ago
Bit first, this is not cash lying around, this is new debt. Second ,Even if you take all of Google's investments into innovation and and look at them combined ,they would probably offer a decent return on investment. Similarly if you look at intel capital's investments , you'll probably get a nice financial story + a decent strategic lever.
Also from a pure financial perspective - sandisk has a profit of $1.22 Billion.That would take 15 years to repay. Isn't risky to make such long term investments in i a single investment , in tech , which is a dynamic field usually ?