delian(@zebulgar):In 2012, Peter Thiel mocked Google for sitting on $30B of cash: more bank than tech company, with no idea how to invest it Last quarter Google spent $45b on capex vs $39b operating cashflow God bless AI for finally forcing Big Tech to bet money on the future & actually innovate

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delian@zebulgar

2026.08.03 22:53

In 2012, Peter Thiel mocked Google for sitting on $30B of cash: more bank than tech company, with no idea how to invest it Last quarter Google spent $45b on capex vs $39b operating cashflow God bless AI for finally forcing Big Tech to bet money on the future & actually innovate