4 ms·
Wow, this is really strange. Has there been any precedent for things like this?
by akhilcacharya 11y ago
Wow, this is really strange. Has there been any precedent for things like this?
- baq 11y agoi'd say it makes perfect sense. google search becomes google, and the rest of the company (cars, cubesat internet, balloon internet, more down-to-earth ideas) belong somewhere else.
- nashashmi 11y agoIt does make sense. Honestly, Sergey and larry have been complaining about this for a long time. But what makes this hard to believe is that they actually called it Alphabet, Inc. It has got to be april fools!
- drak0n1c 11y agoLook at the history of conglomerates like Mitsubishi, or Berkshire Hathaway. Alphabet is remarkable since it's a very organized and name-concerned conglomeration, though.
- shas3 11y agoMany large companies in other sectors are structured like this. Google, through its diverse acquisitions has now, in that sense, become like a lot of the older conglomerates like GE, Berkshire Hathaway, Raytheon, DuPont, Honeywell, UTC, 3M, etc. To different extents, these are all organized like Alphabet will be. Take branding: core products may be sold under the company's name, other products may be sold in a nearly autonomous fashion. Similarly, quarterly earnings calls are centered on the performance of each of these sub-units.
- mehrzad 11y agoI thought the GP was asking whether a conglomerate was formed in this bottom-up restructuring before. Many of the other conglomerates seemed to have become large through parent companies making or buying subsidiaries, not a subsidiary forming the parent.
- akhilcacharya 11y agoYes, that's exactly what I was asking.