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A comment on Waymo now testing its self-driving cars on public roads with no one at the wheel. Parent comment

Re:Waymo now testing its self-driving cars on public roads w... by wpietri on Tuesday November 07, 2017 @04:55PM (#15648027)
Yeah, I think Waymo is much better off selling shovels to prospectors than trying to mine all the gold themselves. A lot of people will try to get into the ridesharing business, some of them much better capitalized than Waymo.
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Re:Waymo now testing its self-driving cars on public roads w... by jacksmith21006 on Tuesday November 07, 2017 @06:13PM (#15648602)
Better capatilized than Waymo? Alphabet has over $100b cash with less than $4b debt and over 40% on shore.

Only Apple has more with about $260b cash but over $100b debt and over 90% offshore so tax liability yet to be paid.

What better capitalization are you speaking? Also realize Alphabet could also raise additional capital bpver easily. They are the only ones truly able to so level 4 and they are miles and miles ahead of everyone else literally.

https://www.wired.com/2017/02/california-dmv-autonomous-car-... The Numbers Don't Lie: Self-Driving Cars Are Getting Good - Wired

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Re:Waymo now testing its self-driving cars on public roads w... by wpietri on Tuesday November 07, 2017 @11:26PM (#15649906)
Sorry, excellent point. For some reason I was thinking of Waymo as independent, even though I know that's not the case.
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Re:Waymo now testing its self-driving cars on public roads w... by speedplane on Wednesday November 08, 2017 @05:10AM (#15651033)
Seriously, if Google wanted to actually build it's Waymo car, it could just buy Chrysler, probably in cash for ~$8-15B. It doesn't need anyone... then again, I get a sense that they have no interest in getting into that market due to the lower margins.
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