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For a fraction of Musk's bonus he could buy Waymo
by LurkandComment 11mo ago
For a fraction of Musk's bonus he could buy Waymo
- fluidcruft 11mo agoMusk is gonna buy Alphabet? Fascinating.
- Octoth0rpe 11mo agoAlphabet might be willing sell off just waymo.
- fluidcruft 11mo agoSo the idea is a memestock that can't deliver can just memebuy its competitor with fake money? Pure anti-Capitalist nonsense. Companies fail. Let them die.
- dylan604 11mo agoHas Waymo become successful reaching a critical mass of users yet? If so, they would most likely shut it down based on historical examples. Imagine if they had sold those deprecated products instead. Maybe not a financial significance, but there'd be some interesting products still kicking
- deleted 11mo ago[deleted]
- madamelic 11mo agoConsidering Boston Dynamics sat around for like 15 years being a research lab and only started commercializing when they were sold... I'd agree. Argue with that as you like but Google _loves_ to sit around on good ideas and, in my opinion, hamstring them away from pushing their products to commercialization.
- senordevnyc 11mo agoWhat's the highest revenue product that Google shut down? Maybe Google+? But I wouldn't be surprised if Waymo is already making way more revenue than Google+ ever did, while barely scratching the surface of immediate demand.
- dylan604 11mo agowas G+ around long enough to generate revenue at all? there was no activity on it that would have been worthy to buy ad space within it. obviously, theGoog had the advantage of owning the ad space just like they had an advantage of converting all G users to G+ users without consent from those users. Even with that, they still had no users
- senordevnyc 11mo agoYeah, I don't blame anyone for thinking Google shuts down products constantly, but to be fair, they're making hundreds of billions per year and the stuff they shut down are almost all little hobby projects that people love, but are a terrible business for them. That's pretty different from shutting down Waymo.
- 4kchiefofstaff 11mo agoAlphabet is not stupid. They are doing this to be part of the ecosystem. The same with robots. Before they sell it to some competitor, they will shelf it and will bet on nvidias autonomoes car platform.
- drivingmenuts 11mo agoWhat value does he bring to Tesla? or SpaceX? Or any of his other companies, for that matter?
- pstuart 11mo agoHe pumps up the meme stock price -- the reason it's so high anyway is from his showboating (autonomous driving! robots! AI! robotaxi! etc...)