Source: Alphabet executives told staff at its moonshot X lab that Alphabet will not convert promising investment projects into Other Bets subsidiaries in 2024
The Information : X: @carnage4life and @amir X: Dare Obasanjo / @carnage4life : Google has told employees at its X unit that it won't be converting any moonshots to subsidiaries. It looks like Google incubating revolutionary startups instead of simply investing in them was a zero interest rate phenomenon. https://www.theinformation.com/ ... Amir Efrati / @amir : New: Big changes with Alphabet's Other Bets. Sure seems like Larry Page's big corporate experiment is cooked. Was it just a ZIRP phenomenon? https://www.theinformation.com/ ... $goog [image]