I think the point of moonshots is that most are expected to fail. But the technology that is developed in many cases lives in, just not necessarily in the form

I think the point of moonshots is that most are expected to fail. But the technology that is developed in many cases lives in, just not necessarily in the form of a standalone company. I see that as a good thing. I'd much rather Google pour $ billions of its profit into moonshot R&D than simply returning it to shareholders or growing its ad business.