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I get that a lot of people on HN are highly skeptical, but Google Ventures claims to be completely firewalled from Google corporate (this issue is only made mor

I get that a lot of people on HN are highly skeptical, but Google Ventures claims to be completely firewalled from Google corporate (this issue is only made more confusing by the fact that Google Capital is not firewalled, and by the fact that Google corporate itself also invests in companies). I do believe them: many media firms have the same set up between the journalism and advertising departments.

snarf 10y ago
GV may make decisions and operate completely independently from the rest of Alphabet, but that doesn't necessarily mean that Alphabet does not take into account GV's portfolio position in Uber, which is its largest investment. Waymo even hints as much in its Medium post: "Our parent company Alphabet has long worked with Uber in many areas, and we didn’t make this decision lightly."
sah2ed 10y ago
In practice, when it comes to outside investments, I don't think the artificial separation between Google Ventures (GV), Google Capital (Capital G) and Google Corporate matters that much. FWIW, David Drummond, longtime Chief Legal Officer took a board seat after GV's $250m investment in Uber in 2013 but eventually stepped down last August [0]. [0] https://www.nytimes.com/2017/02/23/technology/google-self-driving-waymo-uber-otto-lawsuit.html https://www.nytimes.com/2017/02/23/technology/google-self-dr...