HackerTube / Video
Thiel: Google has $50B, doesn't innovate
CNN
A short CNN clip of Peter Thiel telling Google chairman Eric Schmidt that Google has huge cash reserves and does not know how to invest them. Thiel argues this signals a lack of innovation.
HN reaches for it whenever big tech cash hoarding, buybacks or stagnating innovation come up.
10 Hacker News mentions · 2017–2023