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Google is one of the lead investors in DNANexus[1], this must suck for them. [1] - http://www.fiercebiotech.com/story/google-ventures-backs-dnanexuss-15m-round

• bitmapbrother 11y ago
  Google is also one of the major investors in Uber.
  • toomuchtodo 11y ago
    Google seems to be the adult who says, "Here kid, have some cash and go work out the kinks for us." Not that I blame them.
    • bitmapbrother 11y ago
      I don't see it that way. The objective of Alphabet's GV is to make as much ROI as possible regardless of what the other companies within Google are doing. So just because Google or some other business within Alphabet has a similar business that's really irrelevant to how GV will be measured. I view it more along the lines of hedging your bets. GV could win or lose with their investment and Google could win or lose with their solution, but in the end Alphabet is usually going to win.
    • beambot 11y ago
      It's more like, "We know this is important. Someone will succeed. We should diversify, and we don't have so much hubris as to believe we will always be better than everyone else."