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I have 3 thoughts: (1) Amazing to see progress, lets make self driving cars a reality! (2) Oh, its another limited private beta like Waymo has been doing. I'd l

I have 3 thoughts: (1) Amazing to see progress, lets make self driving cars a reality! (2) Oh, its another limited private beta like Waymo has been doing. I'd like to actually use these, and this doesn't seem that much closer. (3) What the heck does Cruise's cap table look like anymore? Acquired by GM, then almost immediately spun back out?

pvsnp 5y ago
Parent organization is still General Motors, they just operate independently
- tpudlik 5y ago
  There must be a little more to this, since clearly they are not a wholly owned subsidiary.
  - _delirium 5y ago
    According to the most recent SEC filing I can find with an explicit ownership percentage, "As of June 30, 2019, external investors held 17.1% of the fully diluted equity in GM Cruise Holdings." [1] Presumably that means GM as the parent company owned 82.9%. [1] https://investor.gm.com/node/19751/html https://investor.gm.com/node/19751/html