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thanks for clarifying that. so, the equity stake was at a much more reasonable price than i initially thought. elsewhere in the article they mention that JP Mo
by HillaryBriss 8y ago
thanks for clarifying that. so, the equity stake was at a much more reasonable price than i initially thought.
elsewhere in the article they mention that JP Morgan valued Waymo at something like $100 billion. also they say that Alphabet has plenty of cash. so, it seems reasonable to assume that Waymo didn't need cash from Honda.
more interestingly, Waymo doesn't seem to place much value on Honda's production capabilities and other expertise.
is Waymo embracing a sort of scorched-earth business plan? does Waymo have any true equity partners?
- count 8y agoAlphabet is historically horrible at dealing with enterprise businesses...