Does this mean that running high-risk project inside Google started to damage the reputation of Google? Many (most) of the moonshot projects failed (which is normal), and I have the feeling that these events had a somewhat bad fallout on the image of the whole company (questioning its invicibility to some extent, mostly in the eyes of the press).
G is for Google
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Re: G is for Google
#12This is a big move, which might also possibly help with EU anti-trust accusations by splitting up the big-ol' monolithic GOOG into functionally separate units.
I would go one further, and say that's the primary motivator. Preemptive restructuring.
Re: G is for Google
#13Does this mean that running high-risk project inside Google started to damage the reputation of Google? Many (most) of the moonshot projects failed (which is normal), and I have the feeling that these events had a somewhat bad fallout on the image of the whole company (questioning its invicibility to some extent, mostly in the eyes of the press).
Is there a list of moonshots failed?
Re: G is for Google
#14Something similar to Virgin I suppose. To keep other ventures from harming Google.
Re: G is for Google
#15Doesn't this completely change what you are buying when you buy GOOGL shares?
It used to be you were investing in a search/ad company that owned a lot of other stuff. Now you are investing in a company that owns the leading search/ad company.
The difference is obviously academic but I think it will make a difference in how the shares are traded. Perception drives the market after all.
Re: G is for Google
#16So Alphabet will start a new car company, and google can continue on as a search giant. It makes a lot of sense.
So many people keep saying their biggest fear of google is that they will turn devices like Google Glass, or the Google car into products to collect information on people. When those products themselves are viable business models.
Re: G is for Google
#17To summarize (correct me if I'm wrong):
- Google will now be operated as a subsidiary of a new company called Alphabet.
- Alphabet will be publicly traded under the same symbols as Google is now traded.
- Stock will just transfer as-is.
- Sundar Pichai is now the CEO of Google.
- Larry and Sergey will run Alphabet as CEO and President, respectively.
Re: G is for Google
#18Does this mean that running high-risk project inside Google started to damage the reputation of Google? Many (most) of the moonshot projects failed (which is normal), and I have the feeling that these events had a somewhat bad fallout on the image of the whole company (questioning its invicibility to some extent, mostly in the eyes of the press).
Is there a list of moonshots failed?
Wave, Plus, Glasses at least.
If we are to include less ambitious stuff, Google Video, Orkut, Chromebooks (never went far), Reader, Google Code, Dart, nothing much came out of Morotola, etc.
And let's see were those "self driving cars" will go, market-wise...
Re: G is for Google
#19Congrats the founders of Google. Monumental move.
I have very fond memories of early Google.com, and there always used to be a vivid spirit in their products that everything was so experimental and technically on the edge. That feeling has been gone for a very long time, but since Larry has come back it's been slowly returning. Call me what you want, but I feel like this is such a smart move for the founders' freedom to explore.
And the way they announced it is totally in line with the spirit. I'm sure there was a lot of technical work, and will be more, but they way it's all hidden in the back so that they can focus on the most important parts. I'm a fan.
Re: G is for Google
#20Does this mean that running high-risk project inside Google started to damage the reputation of Google? Many (most) of the moonshot projects failed (which is normal), and I have the feeling that these events had a somewhat bad fallout on the image of the whole company (questioning its invicibility to some extent, mostly in the eyes of the press).
Is there a list of moonshots failed?
Wave and Plus were not moonshots
It would be a good thing explain why the downvotes