6 ms·

I doubt many large investors bought into google without knowing their desire to fund moonshot programs.

• ebbv 12y ago
  It's not the initial investment, it's the continued investment after it was obvious to most people that it was a bad idea. That's what wall street tends to have objections to.
  • giarc 12y ago
    If you are talking about Wall Street investors, then they have no excuse for investing in a company that loves pet projects. They have all the research at their fingertips. I could understand if Joe from down the street invested $25,000 in GOOG and is now pissed because he thought they would try harder or whatever.
• aetherson 12y ago
  First: you might be surprised. Second: Glass isn't just any GoogleX project. It's the most publicized and most heavily bought into except perhaps the automatic car. Large investors may well expect Google to chase some dead-ends, but to kill them before they get to the prominence and public stature of Glass. There are plenty of other reasons why Google might save face on Glass -- there might be internal morale reasons or the pride of an executive or wanting to keep competitors guessing.
  • giarc 12y ago
    Google didn't make glass the most publicized product, the media did. I believe I read a comment here that basically said that Google didn't kill glass, they stopped selling it and moved the work to another division. So I think you could debate forever about whether this is considered "killing" google glass or not, but that's neither here nor there.