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Google is already pursuing some extremely expensive bets - GCP (see people upthread complaining about this), Waymo. At some point, it’s hard to spend any more m
by fshbbdssbbgdd 6y ago
Google is already pursuing some extremely expensive bets - GCP (see people upthread complaining about this), Waymo. At some point, it’s hard to spend any more money productively and the best thing to do is return it to shareholders to do as they please.
Google could blow all the money buying Coinbase or something, but shareholders would probably prefer Google give them the cash to made that decision individually.
- jeffbee 6y agoThat private parties hold funds of this magnitude but can't imagine what to do with it, while the country languishes without railroads and housing, indicates to me that taxation might be a little low.