3 ms·
> And Microsoft spending $1 Billion for an exclusive license will seem really foolish a few years from now. No it won't. Capital was (and still is) cheap when
by cbozeman 5y ago
> And Microsoft spending $1 Billion for an exclusive license will seem really foolish a few years from now.
No it won't. Capital was (and still is) cheap when they made that purchase. A billion used to really mean something, but it's chump change for companies with valuations over $1 trillion.