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Probably both. As someone following the case it really seems like Waymo's case fell apart. It doesn't seem like anything changes. This just looks like a large

Probably both. As someone following the case it really seems like Waymo's case fell apart. It doesn't seem like anything changes. This just looks like a large waste of time and money.

Retric 9y ago
Looks like Waymo is getting $245 million worth of equity. Considering there are no direct damages as Uber never actually got anywhere with self driving cars that seems incredibly high.
- 0xB31B1B 9y ago
  Basically, Uber is paying google 250m instead of paying AL 250m in earnouts he was supposed to get. All in all good for Uber.
  - jacksmith21006 9y ago
    Good for Uber? They lost Lewandowski and their founder. Plus have to pay $250m. Plus lots of things exposed at Uber. How is this a positive?
    - deleted 9y ago
      [deleted]
- mbesto 9y ago
  And Uber can't use any of the trade secrets from Waymo. Maybe I missed something, but isn't this a win for Waymo?
  - xbmcuser 9y ago
    Waymo became a minor investor in Uber in future can vote for Uber to buy or rent it's cars. If I recall correctly Google ventures was an early investor in Uber as well. So Alphabet might own a lot more of Uber once it's Ipo
    - mbesto 9y ago
      IIRC it's like 7%. Sure that gets you voting rights, but that's minuscule. I'd be more worried about SoftBank's influence as they have more at stake. > So Alphabet might own a lot more of Uber once it's Ipo Huh? Your position of ownership doesn't magically go up once you IPO, it normally only goes down (you get diluted or you liquidate your position).
      - Retric 9y ago
        Many public shares are diluted enough their owners don't vote.
  - burner890 9y ago
    There is no evidence Uber has any trade secrets from Waymo that they would have to stop using. That was why Google settled. If Uber did have any trade secrets they would have lost the case outright.
    - Retric 9y ago
      Uber gave up 245 million dollars. That's not based on nothing. Really, if it was an open and shut case Uber could have gotten it dismissed. The fact they figured giving up 1/4 a billion dollars was better than continuing to fight says a lot more about their situation than any internet commentators can. The only reason for them to spend that money is because they was a significant chance aka well over 25% they would have lost significantly more by fighting.
      - valuearb 9y ago
        They didn’t give up a single dollar. They gave up a tiny sliver of equity that might be worth $245M someday.
        Retric 9y ago
        There is a secondary market for Uber stock that's moderately liquid. It's not a public company, but every shareholder takes a haircut when they hand out more stock.

Probably both. As someone following the case it really seems like Waymo's case fell apart. It doesn't seem like anything changes. This just looks like a large waste of time and money.

Retric 9y ago

Looks like Waymo is getting $245 million worth of equity. Considering there are no direct damages as Uber never actually got anywhere with self driving cars that seems incredibly high.

0xB31B1B 9y ago
Basically, Uber is paying google 250m instead of paying AL 250m in earnouts he was supposed to get. All in all good for Uber.
- jacksmith21006 9y ago
  Good for Uber? They lost Lewandowski and their founder. Plus have to pay $250m. Plus lots of things exposed at Uber. How is this a positive?
  - deleted 9y ago
    [deleted]
mbesto 9y ago
And Uber can't use any of the trade secrets from Waymo. Maybe I missed something, but isn't this a win for Waymo?
- xbmcuser 9y ago
  Waymo became a minor investor in Uber in future can vote for Uber to buy or rent it's cars. If I recall correctly Google ventures was an early investor in Uber as well. So Alphabet might own a lot more of Uber once it's Ipo
  - mbesto 9y ago
    IIRC it's like 7%. Sure that gets you voting rights, but that's minuscule. I'd be more worried about SoftBank's influence as they have more at stake. > So Alphabet might own a lot more of Uber once it's Ipo Huh? Your position of ownership doesn't magically go up once you IPO, it normally only goes down (you get diluted or you liquidate your position).
    - Retric 9y ago
      Many public shares are diluted enough their owners don't vote.
- burner890 9y ago
  There is no evidence Uber has any trade secrets from Waymo that they would have to stop using. That was why Google settled. If Uber did have any trade secrets they would have lost the case outright.
  - Retric 9y ago
    Uber gave up 245 million dollars. That's not based on nothing. Really, if it was an open and shut case Uber could have gotten it dismissed. The fact they figured giving up 1/4 a billion dollars was better than continuing to fight says a lot more about their situation than any internet commentators can. The only reason for them to spend that money is because they was a significant chance aka well over 25% they would have lost significantly more by fighting.
    - valuearb 9y ago
      They didn’t give up a single dollar. They gave up a tiny sliver of equity that might be worth $245M someday.
      - Retric 9y ago
        There is a secondary market for Uber stock that's moderately liquid. It's not a public company, but every shareholder takes a haircut when they hand out more stock.