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by corpus 3612 days ago
The people complaining about this better not be the same Thiel worshippers who constitute most of the Google hate here.

Thiel criticizes Google/Alphabet for hoarding any cash at all. A true technology company re-invests all its excess profit.

This "loss" corresponds to less than 7% of Google's gross profits in the same quarter.

1 comments

I can criticise the headline (if that's what you're referring to) while hating on many things that Google do (advertising, crapification of the Web, TPP support, absolutely atrocious user support, a pathetic Android environemnt, from OS to apps to hardware/vendor dynamics.

But idiotic jabs on the fact that long-run investments in R&D haven't paid off immediately are pathetically stupid.

Do I contradict myself? Very well. No I don't!