That, or they just don’t have the managerial bandwidth to deal with more ideas (like Apple sitting on $200B in cash, but obsessed about focus). I think we’re still wrapping our heads around what it means for capital to not be the bottleneck anymore.
Just in case you want to see Peter Thiel accusing Eric Schmidt and Google of being out of ideas because they’re not spending their cash hordehttps://youtu.be/snMWgvMgWr4
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