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by TuringNYC
2070 days ago
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To me, it would be disappointing if they broke up the firm to the point where R&D has to survive w/o subsidies. US science research funding has not kept up. I'm glad the likes of Google have kept pace with corporate R&D. Consider for a moment where self-driving-car technology would be w/o Google subsidizing it. Or mapping technology. Or like a dozen other technologies. Were these supposed to pop up w/ VC struggling from round to round? Many of the VC backed companies themselves have a put option of being acquired by Google/FAANG -- so if that exit is gone, it would be even worse. |
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Worse for whom? As a customer, I groan every time a product I use gets acquired by FAANG because I know it's going to get shuttered in a few months.
Edit: Or in the case of large acquisitions like Instagram slowly integrated with the parent company's shitty products.