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I think you guys are here just to argue and make excuses for google. I get it that you are fanboys, but please... The GP said that they are like Berkshire Hath
by blahi 10y ago
I think you guys are here just to argue and make excuses for google. I get it that you are fanboys, but please...
The GP said that they are like Berkshire Hathaway - basically a conglomerate of profitable companies. This simply isn't true. Acquiring a company to incorporate their assets into yours is just M&A, nothing like BH.
Nest is a miserable failure.
- danenania 10y agoI'm definitely not a Google fanboy by any stretch. I agree they aren't really much like Berkshire Hathaway--was only taking issue with your assertion that all those acquisitions were worthless, which seems pretty unfounded to me. I don't know a whole lot about the Nest story--seems the consensus now is that it didn't go well, but if Google retains engineers and IP that help them down the line with their robotics push, it's still probably worth something to them, though perhaps that will wind up being a lot less than they paid in 2014.