The Google Capital Company – Stratechery by Ben Thompson

Google has issued equity to Berkshire Hathaway in a deal that signals far more demand and a future where capital is the ultimate commodity.

The Google Capital Company – Stratechery by Ben Thompson Skip to content The Google Capital Company Tuesday, June 2, 2026 Listen to Podcast Watch on YouTube Listen to this post : Log in to listen What does the most beautiful business model of all time look like? First, imagine that your supply is free. Second, imagine that your customers willfully compete against each other to raise your prices. Third, imagine that your users decide which of your customers gets the privilege of paying you. All you have to do is build a bit of infrastructure to make it all happen, pay a nominal bit of dep

saved by

• Aryan Naik
• Rohan Kanti

related reading

• Stratechery by Ben Thompson – On the business, strategy, and impact of technology.stratechery.com
• Aggregation Theory – Stratechery by Ben Thompsonstratechery.com
• Berkshire Hathaway Letterberkshirehathaway.com
• Google I/O and the Coming AI Battles – Stratechery by Ben Thompsonstratechery.com
• What I Read This Week…chamath.substack.com
• Tech Philosophy and AI Opportunity – Stratechery by Ben Thompsonstratechery.com
• Power in the Age of Intelligencenotboring.co
• Founders: #88 Warren Buffett's Shareholder Letters— All of them!podscripts.co
• Content and Community – Stratechery by Ben Thompsonstratechery.com
• Google I/O and the Coming AI Battles – Stratechery by Ben Thompsonstratechery.com
• The Riskiest Moment of the AI Bubbleyoutube.com
• Google's Cloud Revenue Converges to NVIDIA's Growth Ratetomtunguz.com