Google's return of invested capital has averaged 32% since IPO.
This may be a narrative violation on HN, but the quality of Google's management is exceptional.
This may be a narrative violation on HN, but the quality of Google's management is exceptional.
In-house is Google's moat. The big piece right now is LLMs where in-house TPUs allow cheaper internal costs. If Cloud customers want to rent Nvidia GPUs that's fine since they're paying. But Search and etc get an edge on competitors by not.
The bigger problem with in-house is the failure to out-house it. Kubernetes shouldn't been new. Things should be done like AWS where the internal APIs are the external APIs.
I don't think anybody at Google has sent that email, yet. Maybe Sergey and Sundar don't use Google products, anymore. Maybe they have a special Google just for billionaires that doesn't suck.