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I am not really good at this stuff, but I see separating focus. Call it UberAuto, Uber would become UberAuto's parent company. UberAuto could receive new VC rou
by yeukhon 9y ago
I am not really good at this stuff, but I see separating focus. Call it UberAuto, Uber would become UberAuto's parent company. UberAuto could receive new VC rounds and a new CEO appointed, focus on the autonomous development, while the parent company focuses on its core business and get ready for IPO.
Waymo is a spinoff from Google (and Alphabet is Google's parent company). Ebay, HP all have its own spinoffs.
Edit:
In fact the new Uber CEO Khosrowshahi guided Expedia spinoff. See [3]. So a spinoff isn't unlikely. The spin-off could be just a research entity, but license to parent company later.
[1]: https://www.nytimes.com/2016/12/13/technology/google-parent-company-spins-off-waymo-self-driving-car-business.html https://www.nytimes.com/2016/12/13/technology/google-parent-...
[2]: https://dealbook.nytimes.com/2014/10/15/companies-seeing-the-advantages-in-spinoffs/ https://dealbook.nytimes.com/2014/10/15/companies-seeing-the...
[3]: https://qz.com/1063313/new-uber-ceo-expedias-dara-khosrowshahi-was-the-highest-paid-ceo-in-the-sp-500-in-2015/ https://qz.com/1063313/new-uber-ceo-expedias-dara-khosrowsha...
- smeyer 9y agoIn business, spinoff typically refers to creating a new company with separate ownership. E.g., PayPal is a spinoff of Ebay and Agilent is a spinoff of HP but Waymo is not a spinoff from Google, because they share the same ownership.