Re:Google agrees to invest up to $2B in OpenAI rival Anthropic
by sangnoir on Saturday October 28, 2023 @01:28PM
(#38051722)
> I would not consider the investment as a % of market cap since Google doesn't own all that market cap.
Market cap does matter because you can use it to gauge how easily Google could hypothetically raise the same amount[1] by issuing additional shares without a shareholder revolt.
Market cap does matter because you can use it to gauge how easily Google could hypothetically raise the same amount[1] by issuing additional shares without a shareholder revolt.
1. Or complete an all-stock deal or acquisition.