4 ms·
google used to own 7% of uber. I don't know what it is now, but lets say its 5% that stake would be 3.5bil at 72bil valuation . If they are getting .34% essenti
by samfisher83 9y ago
google used to own 7% of uber. I don't know what it is now, but lets say its 5% that stake would be 3.5bil at 72bil valuation . If they are getting .34% essentially they are losing money from GV losing money as a share holder while waymo is gaining some, but they are both google companies.
I don't see how this lawsuit benefits google shareholders as a whole. They just wasted money on lawyers.
- neuland 9y agoWon't they make money in absolute terms? Maybe it was a waste of time. But, 0.37% of Uber is $245 million. I can't imagine Waymo spent that on lawyers, investigators, etc.
- bagacrap 9y agoWhat you said would make sense if GV owned a much higher percentage of Uber.
- 111_1_111 9y agoGoogle Ventures is losing far less than Waymo is receiving. Did you get dropped on the head as a kid?
- bvod 9y agoGoogle has an in-house litigation team that would have already been on payroll. Sure they had to pay for expert witnesses and court fees, but the total would be far less than what they settled for
- jankeymeulen 9y agoCharles Verhoeven, afaik the lead attorney for Waymo is definitely not on Alphabet payroll.