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* That's the difference of a founder-led company vs. market led. Google is mostly concerned on short-term goals so they don't report a single bad quarter or has
by bradleyjg 2y ago
* That's the difference of a founder-led company vs. market led. Google is mostly concerned on short-term goals so they don't report a single bad quarter or has too high CAPEX on a project without profit on its sight (like VR).*
It really depends on the founder. Some are very unhappy to see the stock price drop even if they don’t really need the money this second.
Also, it’s a mixed bag. I personally think Zuck is wrong on VR but right on AI.