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by chorsestudios 33 days ago
Not necessarily a bad thing, I'd rather see attempts at innovation or moonshot ideas than sitting on the cash. These are calculated business moves targeting ideas that have a reasonably high chance of success. Isn't Google's graveyard an example of too much cash chasing too few ideas?
2 comments

I'd rather they do something like google X where they can build a company around the idea, rather than getting a bunch of random PHP/React devs told to build VR, then flopping at it.
> I'd rather see attempts at innovation or moonshot ideas than sitting on the cash.

I'd rather they pay the money out to their shareholders as dividends.

It's hard to recognize when you've grown up. Hard to recognize when you are slowing down.