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As far as I know, Alphabet has spent over $10B on Waymo so far. That surely makes it one of the most expensive (in terms of development before reaching profita
by mg 2y ago
As far as I know, Alphabet has spent over $10B on Waymo so far.
That surely makes it one of the most expensive (in terms of development before reaching profitability) products of all time that were financed by the private sector?
I would love to see a list of the most expensive products the private sector developed in human history.
- qingcharles 2y agoThe rumors are that Apple spent the same and didn't manage to find a useful end product. Really wild amounts of money going on, but the end product could be worth an absolute fortune. Uber without the primary cost -- the driver.
- xnx 2y agoMeta has spent $46 billion on the "metaverse" since 2021.
- minwcnt5 2y agoUber spent something like $20B+ before they first made a profit.