Google has made giant piles of money that they are using to solve more and more problems re: organizing the world's information. Facebook is figuring out how to get people to upload more pictures? I guess there's Oculus and Instagram. I don't see Instagram as much more than chewing up a potential competitor. We'll see on Oculus.
I am not saying that making a self-driving car or a book-scanning machine or any of that in any way guarantees that they will hit other big markets. But they're trying on a pretty grand scale.
A VC who raises a fund and has some yearly burn rate for his operation will eventually go broke if he doesn't invest. Google definitely is investing. Facebook might be.
I am not saying that making a self-driving car or a book-scanning machine or any of that in any way guarantees that they will hit other big markets. But they're trying on a pretty grand scale.
A VC who raises a fund and has some yearly burn rate for his operation will eventually go broke if he doesn't invest. Google definitely is investing. Facebook might be.