It's wild to me that a private company in a volatile industry like Google can borrow so cheaply for such a long period. I get that they have been wildly profitable and powerful in recent years, but modern history is absolutely stuffed with companies that seemed invincible at one point but then were dead or dying a decade later.

Tech in particular has an awful lot of churn. There's isn't a single tech company in the world that I'm highly confident will be reliably printing money 34 years from now.