4 ms·
Waymo is wholly owned by Alphabet. So in a normal case, Waymo itself wouldn't have a separate filing for incorporation, or tax status etc... which means it's w
by AndrewKemendo 7y ago
Waymo is wholly owned by Alphabet.
So in a normal case, Waymo itself wouldn't have a separate filing for incorporation, or tax status etc... which means it's wouldn't have it's own stock.
Hence the question
- frei 7y agoWaymo does have it's own stock. I don't know how it works, but it does. I have friends who worked at Waymo and got Waymo stock (well, options that can be exercised for stock). I suppose that would make it not a wholly owned subsidiary, considering that some of the employees own some of it?
- joshuamorton 7y agoUnless this changed recently (which it may well have), Waymo "stock" is just a special performance scheme that converts to Alphabet stock based on waymo, not alphabet, performance.
- AndrewKemendo 7y agoWell legally it's one or the other and that's what is confusing to me.