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mrandishyesterday at 10:38 PM0 repliesview on HN

> They rightfully invested their insane profits into many ventures

This is the inherent downside of such a rapid rise to being the world's most valuable company AND still being considered a growth stock. At their massive scale, the number of new adjacent businesses that have both sufficient size and potential growth is limited.

> I hope they succeed in chewing even 50% of what they bit off.

Anything approaching that is vanishingly unlikely. They're being forced to play the game more like a VC. The question is if a few unicorn winners can offset dozens of losers. The challenge is that, unlike a VC, their bets are much more correlated around AI.