3 ms·

They invested in SpaceX long before Starlink was a thibgy

• lkbm 3mo ago
  Starlink wasn't working yet, but had been announced as a thing they intended to do.
  • adastra22 3mo ago
    Ehh, more like Starlink was a thing they said they'd do to justify the investment at the time. Just like they said they'd build an assembly line mass producing Falcon 1's for small launch market, or send a Starship full of artists around the Moon. The first prototypes were three years later.
    • cromka 3mo ago
      What are you people arguing about here? This is exactly what is argued here, i.e. that Alphabet is like an investment fund? They had a hunch and it paid off, didn't they? I.e. you're making the point for the argument made?
      • adastra22 3mo ago
        That 2015 Alphabet was the tail end of the Google X era where the founders were making crazy conviction bets that weee only thinly related to their core area, very different from current Alphabet that really only does make considered strategic investments.
• cromka 3mo ago
  How is that surprising? This is what investors do, don't they?