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A comment on Waymo raises first external investment round. Parent comment

Re:Waymo raises first external investment round by frei on Monday March 02, 2020 @09:52PM (#22471389)
Waymo does have it's own stock.

I don't know how it works, but it does. I have friends who worked at Waymo and got Waymo stock (well, options that can be exercised for stock). I suppose that would make it not a wholly owned subsidiary, considering that some of the employees own some of it?

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Re:Waymo raises first external investment round by joshuamorton on Monday March 02, 2020 @10:18PM (#22471497)
Unless this changed recently (which it may well have), Waymo "stock" is just a special performance scheme that converts to Alphabet stock based on waymo, not alphabet, performance.
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Re:Waymo raises first external investment round by AndrewKemendo on Tuesday March 03, 2020 @08:32PM (#22480434)
Well legally it's one or the other and that's what is confusing to me.
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