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There has been disappointingly little success from all of Google X's many investment dollars. I think with the hundreds of managers, institutional knowledge and
by seem_2211 7y ago
There has been disappointingly little success from all of Google X's many investment dollars. I think with the hundreds of managers, institutional knowledge and helpful infrastructure comes a bureaucracy that kills a lot of what it creates.
- wp381640 7y agoyou're right that Google X is a money sink - one of the first things Ruth Porat did when she came in is take an axe to it as it had been a sore point with instutitional investors for a while "lets do Google X but with $100 billion" is a laughable business model
- seganddr 7y agoUnless your goals are wealth redistribution and job creation and science...
- tim333 7y ago>Google X is a money sink Dunno. I'm not quite sure of the figures but in 2015 they put in $3.5bn for the year. Against that Waymo which came out of X was recently valued at $105bn (https://www.cnbc.com/2019/09/27/waymo-valuation-cut-40percent-by-morgan-stanley-to-105-billion.html https://www.cnbc.com/2019/09/27/waymo-valuation-cut-40percen...)