Thanks for reading! So I do not think that Waymo, or any of the "other bets" are going to be enough of a cash drain on the company to need to worry about. Google has taken several steps over the last few years under their last CEO, Ruth Porat, to cut back on the losses spent on "Other Bets". The new CFO is going to continue the same discipline. So it was a good question - but I think Waymo's value is a net-positive in every way. $GOOG $GOOGL. Let me know any other questions guys!
Any idea when Waymo will really make a dent on the balance sheet? Probably still losing $
Thanks for reading! So I do not think that Waymo, or any of the "other bets" are going to be enough of a cash drain on the company to need to worry about. Google has taken several steps over the last few years under their last CEO, Ruth Porat, to cut back on the losses spent on "Other Bets". The new CFO is going to continue the same discipline. So it was a good question - but I think Waymo's value is a net-positive in every way. $GOOG $GOOGL. Let me know any other questions guys!