Earlier quoted context omitted.
I find it also interesting the non - Google companies: Businesses such as Calico, Nest, and Fiber, as well as its investing arms, such as Google Ventures and Google Capital, and incubator projects, such as Google X, will be managed separately from the Google business. Fiber is the most notable to me - seems they see this as more than an experiment and are looking to expand. YouTube not separating is an interesting on…
I think the idea was to keep anything related to ad revenue all together under Sundar, and Youtube is definitely a part of that.
G is for Google
311–320 of 607 posts
Re: G is for Google
#312Re: G is for Google
#313It's noteworthy that Berkshire Hathaway refuses to deal with technology companies, while Google is exclusively tech.
Re: G is for Google
#314Earlier quoted context omitted.
Fiber is the hint about what this really means. Capital intense businesses like ISPs or car companies are expensive to operate and the financials would drag down Google. In this model, the big shareholders get to dilute risks in these ventures, while retaining the ability to exponentially increase their personal wealth.
This reorganization makes no difference on the financials. The release explicitly stated the company is trading at the conglomerate level.
Re: G is for Google
#315Sounds like Alphabet is setup to do lots of major acquisitions. Game changer for tech ecosystem.
Will Alphabet buy Apple? (with the trillions it will make from Planetary Resources, which I assume will incorporate as well eventually). Apple even has a letter reserved for it - The A in Alphabet.
Re: G is for Google
#316Earlier quoted context omitted.
The danger of conglomerates that give so much freedom to their subsidiaries is that said subsidiaries start actually competing against each other and hurting the business overall.
Danger? You mean benefit? Companies not succeeding themselves even as they fall from relevance is a massive reason why large companies fail. Look at Blackberry, they had an internal project working against the rest of the company (namely Android on Blackberry hardware) that could, had it been allowed, saved the company. Instead Blackberry are either going to be purchased OR go bankrupt. Honestly internal competition…
The company appears to still be alive and still has a few billion dollars in the bank despite now years of people saying that they're going bankrupt. I wish I was 'going bankrupt' like Blackberry.
Blackberry seems to have secured a solid niche position in mobile security, despite losing the majority of their mobile phone business to more end-consumer electronics driven companies (primarily samsung & apple).
Re: G is for Google
#317Re: G is for Google
#318Earlier quoted context omitted.
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...
Chromebooks are pretty popular. The first generation wasn't very good but the more recent ones are selling well. Reader was very popular relative to the size of the RSS reader market. Google bought Motorola for the patent portfolio and sold off the rest, so I'm not sure how that was a failure. Motorola also turned around their mobile division with the Moto X under Google (over 100% increase in mobile sales due to the…
Re: G is for Google
#319Re: G is for Google
#320Here's why I think Google's transformation into Alphabet was not a wise one. As Google cofounder Larry Page, now CEO of the holding company Alphabet, that will have as its main subsidiary Google, the search company, said earlier today: >As Sergey and I wrote in the original founders letter 11 years ago, “Google is not a conventional company. We do not intend to become one.” As part of that, we also said that you coul…