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> Google had spent $1.1 billion on the project [1] The wikipedia also mentions Waymo raising ~2B and ~3b rounds that IIRC Google participated in as well. I'm s
by tmpz22 6y ago
> Google had spent $1.1 billion on the project [1]
The wikipedia also mentions Waymo raising ~2B and ~3b rounds that IIRC Google participated in as well. I'm surprised its so low honestly.
[1]: https://en.wikipedia.org/wiki/Waymo https://en.wikipedia.org/wiki/Waymo
- eru 6y agoThanks. I should have thought to check on Wikipedia! If you are willing to wait and just judge by eventually realised revenue, Waymo might still turn out to be a loss. But if you judge by current valuations (which reflect informed investors best guess of future revenue streams), then even after a recent major decrease we still have 30 billions USD. That looks pretty decent for an investment of 1.1B + ~3B total.