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There are some things requiring capital investment at a scale that wouldn’t be feasible for a company outside the 100bn market cap club. Data centers, intercont
by flyinglizard 5y ago
There are some things requiring capital investment at a scale that wouldn’t be feasible for a company outside the 100bn market cap club. Data centers, intercontinental data links, high end VLSI development, high end smartphone hardware and things like Waymo all come to mind. It’s more than cash alone, it’s low cost nature of their mistakes (because everything is paid for by Search anyway) that enables that.
- kwertyoowiyop 5y agoWith more companies competing, there will be more innovation overall.