Re:Dog-walking startup Wag raised $300M, then things got messy
by seem_2211 on Friday September 27, 2019 @09:12PM
(#21097703)
There has been disappointingly little success from all of Google X's many investment dollars. I think with the hundreds of managers, institutional knowledge and helpful infrastructure comes a bureaucracy that kills a lot of what it creates.
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Re:Dog-walking startup Wag raised $300M, then things got messy
by wp381640 on Friday September 27, 2019 @10:23PM
(#21097973)
you're right that Google X is a money sink - one of the first things Ruth Porat did when she came in is take an axe to it as it had been a sore point with instutitional investors for a while
"lets do Google X but with $100 billion" is a laughable business model
Re:Dog-walking startup Wag raised $300M, then things got messy
by tim333 on Saturday September 28, 2019 @12:17AM
(#21098406)
>Google X is a money sink
Dunno. I'm not quite sure of the figures but in 2015 they put in $3.5bn for the year. Against that Waymo which came out of X was recently valued at $105bn (https://www.cnbc.com/2019/09/27/waymo-valuation-cut-40percen...)