Earlier quoted context omitted.
> A self-funded slow-growth profitable startup can be a much more stable bet... I think his point is that Microsoft, Amazon, and Google are even safer.
I may be mad, but I'm at a point where I would trust a self-funded slow-growth profitable startup waaaay more than Google to run a service in the long run. Decades of "quickly started, even more quickly deprecated" services have taken their toll.
GitHub used to be like that. They started very humbly, rejected most investments, grew slowly, but eventually owned most of the market.