When Microsoft launched Xbox they suffered pretty terrible losses for a number of years but they always knew that was going to happen[1], and they were willing to accept it because they were playing the long game.
This worked out not only because Microsoft had the money but, critically, because they had the will to make Xbox a success. They resolved to slog through the years of losses, failures (anyone remember the Japan launch?), and missteps in order to build a successful business.
Whilst Google have the money, more than enough money, to do the same, I don't think they have the will.
From my own perspective, as a gaming enthusiast, Stadia simply isn't solving any problem that I have, and I don't believe it's going to be around long enough that I want to invest in it.
[1] I'm sure they would have preferred if it wasn't.
This worked out not only because Microsoft had the money but, critically, because they had the will to make Xbox a success. They resolved to slog through the years of losses, failures (anyone remember the Japan launch?), and missteps in order to build a successful business.
Whilst Google have the money, more than enough money, to do the same, I don't think they have the will.
From my own perspective, as a gaming enthusiast, Stadia simply isn't solving any problem that I have, and I don't believe it's going to be around long enough that I want to invest in it.
[1] I'm sure they would have preferred if it wasn't.