It is in effect saying that it has so much cash it doesn’t know what to do with it. Google would be better off paying a dividend to shareholders or buying back

It is in effect saying that it has so much cash it doesn’t know what to do with it. Google would be better off paying a dividend to shareholders or buying back stock than playing venture capitalist. It's by paying a dividend that google would be in effect saying it has so much cash it doesn't know what to do with it. Starting a venture fund is google saying that it can reinvest it's profits for a positive return.