Kinda? All of Alphabet's Bets including Loon are explicitly high-risk, high-reward "moonshots", meaning it's expected for many if not most to fail.
By contrast, Wave, Plus and Glass were all consumer products from the mothership that were heavily hyped as being the Next Big Thing that would revolutionize work/IM, social networks and mobile phones respectively.
By contrast, Wave, Plus and Glass were all consumer products from the mothership that were heavily hyped as being the Next Big Thing that would revolutionize work/IM, social networks and mobile phones respectively.