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Kafke  ·  3179 days ago  ·  link  ·    ·  parent  ·  post: How Google lost Europe in 15 months

I always thought that the "funnel profits back into R&D where there's not necessarily a guaranteed product" is a good thing. Since not everything that's needed is profitable. And a lot of things have significant startup costs.

Look at space travel. No guaranteed returns, no guaranteed timeline, massive startup costs, etc. But it's going to be needed in the future, and no one's working on it except a few groups with burnable cash.