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Wasn't this largely the point of creating Alphabet? Trying to separate the money making segments from everything else?
by mywittyname 4y ago
Wasn't this largely the point of creating Alphabet? Trying to separate the money making segments from everything else?
- acdha 4y agoI won't claim to be an expert on that but I think that was kind of the goal in the sense of having companies like Nest or Waymo be more independent, but given how little difference it's seemed to make I've generally assumed it was either some kind of accounting dodge or simply that they were too timid to break up Google itself. One of the reasons for that is no doubt that shareholders would ask why they're funding so many marginal ventures if those were broken out separately.
- philistine 4y agoIt was to keep Sundar Pichai and elevate him to the level of CEO of something.