5 ms·

Nobody wants to be beholden to a single provider -- that's incredibly dangerous for a tech company. Google Fiber and Google Fi are just Google hedging their be

• luckylion 7y ago
  > Nobody wants to be beholden to a single provider -- that's incredibly dangerous for a tech company. Eh, sure, but Google likes to make one big deal with Master Card to buy your cc transactions, they don't want to make a thousand deals with small local banks. As for Fiber & Fi, it looked to me as if Google was checking to see if they could easily and cheaply "disrupt" those markets. They saw that they could not and cut their losses.
  • Robotbeat 7y ago
    As far as I can tell, Google has not divested their >$1 billion stake in SpaceX/Starlink.
  • wvenable 7y ago
    You can only get one big deal if you have choice. If the only CC provider was Mastercard then no deal would be had for Google. It's quite possible that Fiber succeeded in accomplishing it's primary goal of stimulating broadband investment by incumbent providers.
    • luckylion 7y ago
      > If the only CC provider was Mastercard then no deal would be had for Google. Why not? It's bonus money for MC, why wouldn't they be happy to sell Google access to your transaction data? They don't have to do anything but copy the data and hold their hands out for millions and millions of dollars. Why in the world wouldn't they make that deal? Privacy concerns? I have my doubts.