Google, Meta and Microsoft’s track record. Is not that good beyond their core in fact, they’re horrible when the playing field is level, Nadella right now seems to be the most vulnerable. It’s copilot or bust..

>Android, YouTube

Before they acquired these, how were they doing? I'll give you a hint: they weren't exactly how we knew them today. Android was literally a concept and YouTube was bleeding money with no realistic path to profitability.

> Everything they make from within flops 99% of the time.

As do all inventions? Of course, you just don't hear about all the failings from individuals or smaller companies that went bust as a result. The important thing is the 1% that succeed are so successful it offsets the losses.

those geniuses that made acq. grow all have big retirement exit btw. Nobody in google worth low digit NW if they have been there for +10Y, so yeah they bet on their work and beat market for several years