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by KKKKkkkk1
3615 days ago
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Google's core business (search-powered ads) is at this point a cash cow that does not require R&D investment at a $1B/pa level, so it's not fair to label these as investments either. That was the whole reason behind the creation of Alphabet - now investors can see that Google is acting as a VC that's being powered by its ad earnings, and they can judge how successful Google is as a VC. (So far, not very successful.) |
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