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Consider Google's investment in Uber! "The $258 million is an 86 percent chunk of Google Ventures’ $300 million dollar a year fund, and it’s unclear whether the
by sriram_sun 9y ago
Consider Google's investment in Uber! "The $258 million is an 86 percent chunk of Google Ventures’ $300 million dollar a year fund, and it’s unclear whether the firm will continue to make such sizable investments." - https://techcrunch.com/2013/08/22/google-ventures-puts-258m-into-uber-its-largest-deal-ever/ https://techcrunch.com/2013/08/22/google-ventures-puts-258m-...
- jacquesm 9y agoUber could really play that to their advantage: "Your Honor, Google is just trying to soften us up because they don't get their way in the boardroom..." Having two roles in a lawsuit is a very dangerous thing, no matter how much their ex employee is at fault here they could easily make a lot of smoke out of that.
- notatoad 9y agoHow does that actually play out? Google Ventures and Google's self-driving car were both "Google" when that investment was made, but now Waymo and GV are ostensibly separate entities. Is Alphabet suing Uber, or is Waymo suing Uber?
- linkregister 9y agoWaymo is a wholly-owned subsidiary; there's not going to be much distinction here. Not that I agree with the parent poster: the equity ownership is unlikely to be relevant to the case. People have successfully sued their own corporations and other bizarre legal actions.