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because goog is a type of tech startup fund. Its a bet that google can identify, acquire, and integrate high quality tech companies and get better returns than
by jpadkins 13y ago
because goog is a type of tech startup fund. Its a bet that google can identify, acquire, and integrate high quality tech companies and get better returns than any etf or hedge fund can. Some investors want google to take those profits from the cash cows and spend it on tech ventures instead of dividends.