Comments on news posted 2013-04-09 13:41:15: Confirming one of the worst kept secrets in recent memory, Google today officially announced that they'll be expanding Google Fiber into Austin. ..
I really don't care about the short-term thinking, quick return investors. I realize they dominate the USA now, and everything seems enslaved to their will, but the longer term, more patient investor is the one who allows the building and growth of industries and infrastructure that really matter.
Props to Google for going down this road in the face of all the naysayers. Google is looking ahead, not just at the pure costs of the Fiber and ISP business itself, but the opportunities that such a great infrastructure can provide, and they will be in the unique position to prosper from it.