Validation of Waymo's valuation provides data for Alphabet stockholders and (hopefully) shows that all the money Alphabet has poured into Waymo has generated si

Validation of Waymo's valuation provides data for Alphabet stockholders and (hopefully) shows that all the money Alphabet has poured into Waymo has generated significant value. If you never show this validation, some shareholders become angry and demand you stop pouring cash into other bets that just chew up cash.