[hinkley]

I'm of mixed emotions here.

I am both cautious enough of Google that I've started avoiding using some of their products, and still have an opinion on how they should organize themselves that has very little to do with those feelings.

I was sort of hoping Alphabet would be a spot they could stick all of the projects that aren't going to make a billion a year. I think it still makes sense to maintain projects that 'only' clear $20+ million a year in another division. That would cover a lot of projects that are getting cancelled and causing them serious PR problems (like accusations of being a group of spoiled man-children who can't be relied upon to stick with anything for longer than four years).

Basically there's a lot of space to make money and products that they won't touch, and I don't think it has anything to do with Wall Street. It's just an artificial limitation they've imposed upon themselves.