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>That is certainly better than killing these projects? You sure? Google obfuscates these moonshots (Waymo, Verily) in the “Other Bets” line in their 10-K. The
by foooorsyth 2y ago
>That is certainly better than killing these projects?
You sure?
Google obfuscates these moonshots (Waymo, Verily) in the “Other Bets” line in their 10-K. They lose money in the aggregate and the detailed financials for each entity aren’t revealed.
If a company like Waymo looked like it were on the path to profitability, Google wouldn’t hide the financials. They report the bare minimum (jumbled up with a bunch of unrelated stuff) because the numbers are grim.
- yumraj 2y agoThat’s sunk cost. Not sure, maybe I’m missing it, how does that impact spinning-off a project that Google no longer considers financially fruitful (it could still be financially viable but not at Google scale)?