Chris Nuttall for the Financial Times:

Mr Wilson, author of the  popular A VC blog and a managing partner at Union Square Ventures, said Google had not come up with anything truly transformative that was a home-grown product since Gmail, introduced in 2004. It had relied on acquisitions instead to develop new services.

Clever, but the story is a great very short read. Apparently Google board members don’t pay much attention to acquisitions their company makes.

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