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Not a businessman but who says its all about the infra. buy vs. build. It allies them with Google. It gives arguably the most powerful co. in the world a stak
by dpweb 10y ago
Not a businessman but who says its all about the infra. buy vs. build. It allies them with Google. It gives arguably the most powerful co. in the world a stake in Snap' growth and success.
- beamatronic 10y agoThat's a great point, along the lines of, "When you borrow $100 the bank owns you; when you borrow $1,000,000 you own the bank"
- draw_down 10y agoI dunno, $2 billion over 5 years is not exactly a ton of money to big G.
- discodave 10y agoIt is to GCP. GCP revenue is currently much less than $4 billion run rate. They are reporting ~4B run rate for all cloud but that includes SaaS, GCP run rate may be < 1B (but it's hard to know for sure).