Similarly, Peter Thiel once made a case that if Google ever paid a dividend it would be an admission that they are no longer a technology company and are instead a bet again innovation in search.
That seems silly to me. Google is not paying dividends right now, but they are doing stock buybacks which is basically the same. However, Google also has 100k+ employees there are only so many people who can work on innovation in search at the same time.
That seems silly to me. Google is not paying dividends right now, but they are doing stock buybacks which is basically the same. However, Google also has 100k+ employees there are only so many people who can work on innovation in search at the same time.