261–270 of 344 posts
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Waymo currently operates 250,000 paid robotaxi rides a week across several U.S. cities, and the robotaxi market is projected to grow at a yearly rate of ~70% from 2025 to 2030.
Exactly. Tesla is way behind the competition.
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fortunately the passive investor bagholding didn’t work, the price sliced straight through their forced buying pressure and only created more shortable shares, as people without share lending sold to passive funds that do Corruption that stands out to me would be regarding starlink, Elon got the FCC to change power emission rules to hamper competitors with better satellites, but the competitors were able to comply an…
> Elon got the FCC to change power emission rules to hamper competitors with better satellites Didn't SpaceX petition to lessen the rules around geostationary power limits? Why would less rules be corruption? Because it disfavors legacy incumbents? Amazon also benefited from the new rules.
they tried to limit the ability of direct to device competitors to function, as the current starlink fleet is practically useless for direct to device. they got their regulatory change, and it didn't limit the ability of direct device competitors to function. THEN their petition came.
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Having your exponentially more expensive fleet of satellites constantly burning up versus dedicated cables that rarely need replacing
All energy generated on earth contributes to global warming, even solar panels which decrease Earth's albedo. If you care about climate change and the earth you should want the datacenters to be in space. The earth is limited in the amount of thermal energy it can radiate.
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You are correct. Interestingly, the 10x shares held by Brin and Page constitute only 11% of the economic value of Alphabet, but 51% of the voting control. And the 10x shares automatically convert to 1x shares upon transfer or inheritance, so if the founders cash out or die, the 10x supervoting power disappears.
Oh wow so that lets them honestly say they have the same value as other shares?
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Could you explain to me how an investor owning SPY shares gets to control the proxy vote? Oh, don't worry. I already know the answer. I'm asking if YOU can tell me the answer.
You can buy IVV instead and get the same exposure but this time you get to vote. Or you could just not own spy and buy the shares individually.
I certainly can't buy individual shares in my 401k program. And very, very few programs I'm aware of ever offered that as an option.
Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.
The companies you listed have great synergy with Google's core business. What's Google's play with SpaceX? Data centers in space?
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He absolutely can, but would expect to be sued in court. In Texas, where we don’t know what shareholder protections exist because the case law is so immature compared to Delaware. But Texas is making a push very specifically around giving less shareholder protections.
Well, okay, he can do lots of illegal stuff that's going to get punished in the courts. There's no way something like that would survive SEC scrutiny, I don't care what state you're in.
B) we literally don’t know if it’s illegal or not yet. The reason investors like Delaware is that there is tons of decided case law and courts that are expert and fast at deciding these issues so you’d get quick predictable answers.
But those answers have lots of rights to minority shareholders which the modern dictator founders hated. So Texas made a play for them with the specific pitch that they will give much less support of minority shareholders.
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The companies you listed have great synergy with Google's core business. What's Google's play with SpaceX? Data centers in space?
YouTube is probably one of the few companies that could benefit from data centers in space. Rather than co-locating media servers into ISPs you can stick them into space so they're just closer. Space in NYC isn't cheap. Space in space is free.
... what?
Say what you want about starship etc etc, but space in space is far from free and will be for a long time.
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Google's return of invested capital has averaged 32% since IPO. This may be a narrative violation on HN, but the quality of Google's management is exceptional.
That is true. It’s a big corporate so I understand why purists dislike it but as a business it has done well.
In-house is Google's moat. The big piece right now is LLMs where in-house TPUs allow cheaper internal costs. If Cloud customers want to rent Nvidia GPUs that's fine since they're paying. But Search and etc get an edge on competitors by not.
The bigger problem with in-house is the failure to out-house it. Kubernetes shouldn't been new. Things should be done like AWS where the internal APIs are the external APIs.
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Having your exponentially more expensive fleet of satellites constantly burning up versus dedicated cables that rarely need replacing
All energy generated on earth contributes to global warming, even solar panels which decrease Earth's albedo. If you care about climate change and the earth you should want the datacenters to be in space. The earth is limited in the amount of thermal energy it can radiate.