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by Retric 3616 days ago
In terms of internal projects gmail, and local maps comes to mind. If your going to call everything that did not work a moonshot then by definition no. However, it's only a failure when they give up so self driving cars are rather undecided at this point, and theses projects help recruiting which has non obvious benefit.
2 comments

By moonshots, I'm referring specifically to projects that came out of the "Other Bets" division. That division specifically invests in projects that are "out there." From what I hear, realistic products like gmail and maps came out of the 20% time and other product-divisions, not the "Other Bets" division.
Considering that the Other Bets division (and Alphabet itself) was created one year ago, maybe it's too early to evaluate what has it produced.
The important question is whether something was designated a "moonshot" before it succeeded or failed, thus giving us an unbiased sample.
I think moonshot, by definition, means 15+ year timeframe to full realization. Google is a very young company, they just haven't had piles of cash to invest in moonshots for long enough for us to have seen the results. X was founded just 6 years ago, Alphabet was founded just last year!

To be asking 6 years in where are all the moonshot successes already? I think this demonstrates exactly how problematic and pervasive short-term thinking is.

The question to ask is in 50 years, how many different $10B+ revenue streams will Alphabet have?

If we really think this R&D isn't going to pay off, at the scale Alphabet operates, that's almost like losing faith in humanity.

I didn't say moonshots were a bad thing. I just stated the basic standard for collecting a sample of something in a halfway unbiased way.