For the most part, Google's moonshot business have been a negative value to the firm. They've poured billions of capital into a number of these businesses witho

For the most part, Google's moonshot business have been a negative value to the firm. They've poured billions of capital into a number of these businesses without anything demonstrable to show for it. If you think that the future might be different in that regard, then Google is probably undervalued to you. But keep in mind that things Google is doing in it's moonshot projects, while they generate alot of press, might not generate alot of cash. Interesting != Valuable.