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by throwaway0237
2390 days ago
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It's a line-item hack but I believe it's for a different purpose: investors are asking for more details on revenue and expenses of the various units. Splitting the monolith Google into Alphabet + stuff provides line-items along "objective" lines that are still chosen by the company. One of the things people were anxious to see was the financials of YouTube. Guess who's not a separate "bet"? |
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