What Will Google Do With $42.6 Billion War Chest?

http://www.talkincloud.com/what-will-google-do-with-42-6-billion-war-chest/

by darkduck • 15 years ago

9 6 15 years ago

lpolovets• 15 years ago

TL;DR

"We are a blog about cloud services. We have no idea what Google will do with their war chest, but one guess is that they might spend some of it to acquire cloud service companies. Or maybe acquire other kinds of companies or hire more people. We don't really know."

joaquin_win• 15 years ago

Pay taxes?

spiffistan• 15 years ago

Buy these countries?

http://www.wolframalpha.com/input/?i=gdp+of+benin+%2B+togo+%...

vannevar2• 15 years ago

The enormous cash reserves in companies like Apple and Google represent significant accumulations of unproductive capital. If these and other large reserves were invested instead, the positive impact on the economy might be substantial. Should we start limiting the cash reserves a corporation can accumulate?

gwright• 15 years ago

No.

vannevar2• 15 years ago

Insightful.

So the argument in favor is that corporations are publicly chartered and have an obligation to act in the public interest, companies with publicly traded stock even more so. Sucking capital out of the market and leaving it sitting on a shelf while the broader economy stagnates seems contrary to the public interest, so limits on corporate cash reserves should be enacted. Anyone care to elaborate an argument against such a limit?

What Will Google Do With $42.6 Billion War Chest?

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