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> Maybe it has to do with the fact that Google X has been somewhat notorious for upsetting shareholders. Evidence or sources?
by jey 13y ago
> Maybe it has to do with the fact that Google X has been somewhat notorious for upsetting shareholders.
Evidence or sources?
- jfoster 13y agoLarry Page gets questioned about it occasionally on their earnings calls. (not in a completely negative way; just on when the projects will pay off, etc.) It depends on the shareholder, really. Most of the big fish are not interested in holding Google stock for 10 - 20 years waiting for these initiatives to pay off. They operate on annual bonuses, whereas Google X invests in projects that will take more than 1 year to pay off.
- enneff 13y agoThose investors should know what they're getting in to. From the very start the Google founders have been clear on how their company should operate. They are taking long bets and will not be told to do otherwise. See their IPO letter from 2004: http://investor.google.com/corporate/2004/ipo-founders-letter.html http://investor.google.com/corporate/2004/ipo-founders-lette...