4 ms·

If I'm an Alphabet shareholder, did I just lose my stake in Waymo et al? It seems they are now no longer subsidiaries of Alphabet? That would be a big deal.

• dmix 9y ago
  From the article: > She called the process a legal formality that won’t affect ultimate shareholder control, operations, management or personnel at the 75,606-person company.
• ahakki 9y ago
  They are still subsidiaries of Alphabet. Previously the structure was like this: Alphabet | Google | Other Bets Now it will be: Alphabet | ——————————————— | | Google XXVI Hldg. | Other Bets
  • Geekette 9y ago
    Wrong. "The new entity, called XXVI Holdings Inc., will own the equity of each Alphabet company, including Google."
    • ahakki 9y ago
      Thank you for the correction. This is indeed the case. Are the "Other Bets" still subsidiaries to Google or are they owned directly by XXVI?