I understand the sentiment, but $20M/year really is a waste of time for a $200B/year business. I have a hard time thinking of a way it wouldn't be a loss given the added organizational complexity having those kinds of projects would bring.
I thought the entire purpose of "other bets" was to pursue ideas that have the potential to become $XXB/year revenue streams. So of course they want 'moonshot' companies.
I thought the entire purpose of "other bets" was to pursue ideas that have the potential to become $XXB/year revenue streams. So of course they want 'moonshot' companies.