This is why they should go full conglomerate and spin off companies all the time.
Otherwise, with those expectations, it's impossible to build something good and impactful.
I really thought this was what the plan would be when Alphabet was formed.
Re:Why GitHub Won
by chadcatlett on Monday September 09, 2024 @11:35PM
(#41496925)
Google X/X Development LLC is the Google incubator for possible spin-offs as far as I can tell.
What would be the benefit of doing it spun-off vs. in-house when it's still owned by the same company and making the same amount of money?
Less red tape, more freedom to operate.
If done inside a conglomerate, it can be the best of both worlds. Access to Google tech and funding, but free from rigid corporate hierarchies, at least at the beginning.
Spinning it off limits the downside/risk to the parent company. Basket of options worth more than an option on a basket and all that.
Re:Why GitHub Won
by johannes1234321 on Monday September 09, 2024 @06:54PM
(#41495116)
... which is the reason why many large corporations acquire products: only once they are big enough, they are relevant.
Issue for Google: They have to be carful for Anti-Trust not blocking the acquisition for some reason.
Google currently has a quarterly revenue of $70-80B.
Imagine an internal team launches a new product to collect $100M in quarterly revenue. An earth-shattering success for any entrepreneur.
For Google...it doesn't even move the needle. Does nothing for stock, it's not strategic, and may become a liability later on.
You would need to launch a multi-billion new sub business for it to be of any interest to Google, which is impossibly hard.