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I think part of the problem was the unclear and frankly, half-assed way it distributed itself. Some of Google's subsidiaries became Alphabet holdings, but very little of Google broke up into separate companies. When it was first announced many people were thinking "oh, okay, S is for Search, Y it for Youtube, X is for X-Labs, M is for Maps, okay maybe each of those should be separate concerns".

But instead it's just Google, and a bunch of highly experimental, low return, high risk other random companies with no particular strategy. How many labs are separate Alphabet companies? Why not just 1 lab that's supported by R&D concerns from the rest of the conglomerate? What isn't L for "Labs"? Does GV really need to be a separate company? Why isn't it just part of Google? Or why isn't GV "V for Venture?" That's okay, they also have Jigsaw, Google Capital and probably a bunch of internal investment arms.

Do they really need two genomics/life sciences companies?

Why are there so many different video companies, but youtube stays part of Google?

The approach is entirely disorganized and without any seeming strategy.

> Do they really need two genomics/life sciences companies?

Presumably this is a reference to Verily vs. Calico. AFAICT, yes; or at least the two have distinct enough missions that it makes sense for them to be separate efforts. Calico is a very long payoff window effort starting with basic research aimed at lifespan enhancements, Verily is a shorter payoff timeline (but still fairly long window, given medical device, etc., commercialization timelines) medical device and treatment development effort.

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