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Although these numbers are theoretical, it would value Waymo at roughly 10x Cruise, arguably their closest competitor. It would also give Waymo liquid cash (or
by Judgmentality 8y ago
Although these numbers are theoretical, it would value Waymo at roughly 10x Cruise, arguably their closest competitor. It would also give Waymo liquid cash (or something equivalent I assume) roughly comparable to Cruise's valuation. I also am guessing this would be more money than Alphabet has spent on Waymo and would immediately recoup their investment, not to mention that 90% upside in long term growth.
I feel like this is the partnership that might actually make self-driving cars a reality.