Initiative for Molecular Profiling and Advanced Cancer Therapy (IMPACT II)

Inclusion Criteria: * Patients with metastatic cancer * Patients may have received unlimited lines of prior therapy * Prior to randomization, patients with metastatic disease must have been treated with established standard-of-care therapy, or physicians have determined that such established therapy is not sufficiently efficacious, or patients have declined to receive standard-of-care therapy * The patient has measurable disease * The patient has Eastern Cooperative Oncology Group (ECOG) performance status 0-1 * The patient has biopsy-accessible tumor; for patients who had no prior anticancer therapy and had surgical resection within a year and tumor tissue is immediately available, that tumor will be analyzed and no biopsy will be needed * Absolute neutrophil count \>= 1,000/ul * Platelets \>= 100,000/ul (unless these abnormalities are due to bone marrow involvement) * Total bilirubin level \<= 1.5 x the upper limit of normal (ULN), unless the patient has known Gilbert's disease * Alanine aminotransferase (ALT)/ serum glutamic pyruvic transaminase levels (SGPT) =\< 2.5 X ULN (unless the patient has liver metastases) * Serum creatinine clearance \>= 50 ml/min by the Cockcroft-Gault formula * If the patient has brain metastasis, they must have been stable (treated and/or asymptomatic) and the patient must have been off steroids for at least 2 weeks * The patient has provided signed informed consent * Patients with a previous malignancy (other than the patients' known cancer) that were treated successfully and are disease-free for at least 3 years are allowed * Patients with a history of basal cell carcinoma of the skin or pre-invasive carcinoma of the cervix are eligible * Women of childbearing potential must agree to use adequate contraception (hormonal or barrier method of birth control; abstinence) prior to study entry and for the duration of study participation; childbearing potential will be defined as women who have had menses within the past 12 months and who have not had a tubal ligation, hysterectomy, or bilateral oophorectomy; should a woman become pregnant or suspect that she is pregnant while participating in this study, she should inform her treating physician immediately * Male subjects must agree to use effective contraception or abstinence while on study and for 90 days after last dose of study drug Exclusion Criteria: * Patients who are randomized to the control arm must not receive therapy based on prior molecular profiling * The patient has received chemotherapy, surgery, or radiotherapy (for therapeutic purposes) within 3 weeks of initiating study treatment (4 weeks for bevacizumab or investigational drugs) or the patient has not recovered (grade \>= 2 from side effects of the previous therapy); patients who receive palliative radiation therapy can be treated immediately after completion of radiation therapy * The patient has cardiac conditions as follows: uncontrolled hypertension (blood pressure \[BP\] \> 160/100) despite optimal therapy, uncontrolled angina, ventricular arrhythmias, congestive heart failure (New York Heart Association class II or above), baseline left ventricular ejection fraction (LVEF) =\< 50%, prior or current cardiomyopathy, atrial fibrillation with heart rate \> 100 beats per minute (bpm), unstable ischemic heart disease (myocardial infarction \[MI\] within 6 months prior to starting treatment or angina requiring use of nitrates more than once weekly) * The patient has peripheral neuropathy \>= grade 2 * The patient is pregnant (confirmed by serum beta human chorionic gonadotropin \[b-HCG\], if applicable) or is breastfeeding * The patient has concurrent severe and/or uncontrolled medical disease that could compromise participation in the study (i.e., uncontrolled diabetes, severe infection requiring active treatment, severe malnutrition, chronic severe liver or renal disease) * The patient has refractory nausea and vomiting or chronic gastrointestinal diseases (e.g., inflammatory bowel disease) or has had significant bowel resection that would preclude adequate absorption (for oral therapy only) * The patient is unable to swallow capsules and/or has a surgical or anatomical condition that precludes swallowing and absorbing oral medication on an ongoing basis (for oral therapy only) * Any other condition that would, in the investigator's judgment, contraindicate the patient's participation in the clinical study due to safety concerns or compliance with clinical study procedures