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Which would make the deal about break even, depending on whether that was more like $1B or $2B lost each year.

At the same time, what was the alternative? If you wanted Motorola type patents... you can't just buy them off a shelf.

There's a limited supply, and only some of them are ever for sale.

It's almost as if the people running Google are not idiots.

That's a stupid thing to say. People running large companies can be idiots. Look at Microsoft's Nokia deal.

There’s a difference between being an idiot and losing a bet, right?

Yes, but everyone thought it was mad at the time.

I wouldn't say that everyone thought that. I frequently said things about the foolishness of that bet only to be shouted down on internet forums.

Steve Ballmer strikes me as an idiot.

He doesn't run google.

Gates thought he was sharp. Do you think Gates can't tell the difference?