Peter Thiel Says Google Has Cash but Lacks Innovation
CNN · Interview · 4 min · 2012 · YouTube title: Thiel: Google has $50B, doesn't innovate
Why it's here
HN reaches for it whenever big tech cash hoarding, buybacks or stagnating innovation come up.
What it covers
A short CNN clip of Peter Thiel telling Google chairman Eric Schmidt that Google has huge cash reserves and does not know how to invest them. Thiel argues this signals a lack of innovation.