Isn't this Google Ventures? ( https://www.gv.com/ )
Also X and Alphabet itself. As usual for Google they have five copies of the same thing.
Should Google just become a VC fund?
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Re: Should Google just become a VC fund?
#12Re: Should Google just become a VC fund?
#13 I think you mean should all of the ridiculously inflated by wall street "platform" companies instead be commercial banks in a less monopolistic actual market economy?
Re: Should Google just become a VC fund?
#14"Alphabet generated almost $183 billion in revenue. Of that, 147B — over 80% — came from Google’s ads business" So, the other 20% non-ad revenue (GCP? Google Workspace? Google Play subscriptions?) represents 36.6B The article however argues that the 6 billion dollar startups would generate 28.5B in value -- so, less than the (supposedly) 95% of non-ad engineers generate right now..? And this would also mean that ther…
Not to mention, why would 5 google engineers dilute almost 50% right off the bat just to get 1 year of L3 salary?
Re: Should Google just become a VC fund?
#15This is a dumb, provocative question to which the answer is simply ‘no’.
Re: Should Google just become a VC fund?
#16This article also underestimates how quickly you can move with the resources of a large company.
DB management and scaling? Another team takes care of that and offers an easy to use service.
Large pool of server resources to experiment with? Done.
Breaking up entities get rid of this.
Re: Should Google just become a VC fund?
#17Google does have it's own internal "VC fund" (Area 120) which has yet to produce anything of significance.
Not a lot of engineers actually want to start their own company, they are happy to just come and engineer new products/services dictated by PMs/leadership/etc.
Re: Should Google just become a VC fund?
#18> While the information isn’t public, we can safely assume that less than 5%, or 2,954 engineers, work directly or indirectly on Google Ads (Google Search, Youtube, etc.). Where does this assumption come from? I don't think this is even remotely close to the truth.
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Re: Should Google just become a VC fund?
#19Google’s parent company is still Alphabet, right? Wasn’t Alphabet created to be a pseudo-VC fund for all of the non-core research and development projects that Google had going on?
Alphabet is a holding company. They created Alphabet to stop from having to put everything under the Google name.
CapitalG is their VC fund.
Re: Should Google just become a VC fund?
#20I think I regret giving this site traffic.