2 ms·
Had this been about diversifying their future income streams, the most efficient way would be the most boring one - buy yet another 1% of everything. Pouring t
by throwaway-8c93 6y ago
Had this been about diversifying their future income streams, the most efficient way would be the most boring one - buy yet another 1% of everything.
Pouring tens of billions into startups with questionable business models, in the world's most overpriced market, while conspicuously avoiding UK, EU, ANzAC and Japan - that's a clear sign they're not in this for money. They're trying to trade money for cultural influence.
- waynesonfire 6y agoGreat point.. but I immediately thought, they probably are doing the boring thing as well.