,
3 tweets,
2 min read
Read on Twitter
Peter Thiel grilling Eric Schmidt (2012)
🏭 Google isn’t a tech co anymore
🏦 It’s a tech holding co with $50B in cash and no ideas
🚀 Accelerating tech world + 0% interest = tech yields large multiples
🛍 $AMZN the only megatech giant reinvesting
Today? $GOOG has >$115B cash
🏭 Google isn’t a tech co anymore
🏦 It’s a tech holding co with $50B in cash and no ideas
🚀 Accelerating tech world + 0% interest = tech yields large multiples
🛍 $AMZN the only megatech giant reinvesting
Today? $GOOG has >$115B cash
Hat tip @real_vijay super interesting
In Schmidt’s defense he cited not being able to hire enough good people and falls back to typical tropes about education.
This only reinforces how obvious it is that new credentials w/ proverse selection must exist
In Schmidt’s defense he cited not being able to hire enough good people and falls back to typical tropes about education.
This only reinforces how obvious it is that new credentials w/ proverse selection must exist
Google is insanely dominant and a modern marvel in the world
The more provocative and useful conversation is how they really could be even many times bigger and more powerful, but are clearly held back by their own real internal limitations to productive capital reinvestment
The more provocative and useful conversation is how they really could be even many times bigger and more powerful, but are clearly held back by their own real internal limitations to productive capital reinvestment
