A is for Alphabet

[pearlsteinj]

https://abc.xyz/investor/founders-letters/2016/index.html

[skdotdan]

IMHO Google/Alphabet's strategy should have been reinvesting their huge profits in buying other big companies like ARM, Nvidia or SpaceX.

[startupdiscuss → skdotdan]

With EBITDA of $24B in 2016, they could buy about a 3rd of NVIDIA. With financing they could probably buy more, but its not clear this is better than putting some of that money into replication, or earlier stage companies.

[skdotdan → startupdiscuss]

I know, but in 2015 or so.

Also, Softbank acquired ARM as an investment and it is already paying off.

[_doky]

Hasn't Google Fiber been all but shelved?

[nathanfjohnson]

I'm thinking of buying some of that stock.