Comment by everly
8 hours ago
$40 billion is about a quarter’s worth of profits for Google. They make that much every 3 months, what’s the risk
8 hours ago
$40 billion is about a quarter’s worth of profits for Google. They make that much every 3 months, what’s the risk
Hat tip. Great point. To quote J Paul Getty: "If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem." In this case, yes, the investment is large, but not bankrupting for Google if it goes wrong.