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Re:Alphabet spinoff Malta raises $26M for technology to stor... by stvswn on Thursday December 20, 2018 @09:38AM (#18725213)
It makes a lot of sense -- it's possible that this ends up being a very viable, scaled business with low margins. If the margins are lower than Alphabet enjoys as a whole, and if there isn't an argument for synergies with existing Alphabet businesses, it could simultaneously be a very good opportunity but also not accretive for Alphabet share holders. Part of the restructuring of Alphabet/Google and the hiring of Ruth Porat was to be more disciplined about not doing everything possible with shareholder money. $24M here, $24M there, sooner or later you're talking about real money.

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