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Also interesting to see in this earnings report is that Google's "other bets" aka moonshots are 3.5 billion in the red...[0] [0]https://abc.xyz/investor/news/e

• toomuchtodo 11y ago
  I'd expect years, if not a decade for those to make money. I'm fond of how Google's voting structure is designed to prevent common stockholders from changing the direction of the company (for the same reason Elon Musk won't take SpaceX public until there are ongoing flights to Mars): investors are too concerned with short-term enrichment. If all of your ventures are making money hand over fist, you're not trying anything hard.
  • pearlsteinj 11y ago
    I totally agree, this is just the first glimpse we get into the finances of the moonshots.