5 ms·

> Why does Google need outside investors? i.e. why should I use my money if I can use someone elses'?

• lurk2 9mo ago
  If you use someone else’s money you have to pay him back with interest or equity.
  • re-thc 9mo ago
    > you have to pay him back with interest or equity That's the price for infinite scaling. If a business can't make more than that it should be shut down. i.e. do you want to make 25% of 1 billion or 5% of 1000 billion?
    • lurk2 9mo ago
      The point the great-grandparent is making is that Google could comfortably finance the project itself and make 100% of the upside, not 25% or 5%.
      • re-thc 9mo ago
        And the point here is borrowing more money increases available funds for bigger rewards. Google can fund 1 Waymo but not an infinite amount of them.