I remember Peter Thiel once said that investing in google is investing against innovation, that the company had no competition for a very long time, and that th

I remember Peter Thiel once said that investing in google is investing against innovation, that the company had no competition for a very long time, and that they see no reason to why they needed to reinvent themselves. As long as there's no threat to the company, they can just maintain the current tech and harvest the green from it. https://www.youtube.com/watch?v=2Q26XIKtwXQ https://www.youtube.com/watch?v=2Q26XIKtwXQ