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lurk2
8 days ago
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Waymo seeking about $16B near $110B valuation
The point the great-grandparent is making is that Google could comfortably finance the project itself and make 100% of the upside, not 25% or 5%.
re-thc
8 days ago
[–]
And the point here is borrowing more money increases available funds for bigger rewards. Google can fund 1 Waymo but not an infinite amount of them.
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