Maybe something to squash, say, DocuSign? Not that you need a blockchain to do that, but I can see a Google or Apple DocuSign product growing fast because they own the mobile OSes.
Google is almost a 2 trillion market cap company. Docusign is 20 bill. If some exec inside Google suggested building a team to "squash docusign" they'd be... silly.. and recognized as such.
Not sure I understand this. Google, for example, routinely does acquisitions well under a $20B level to enter a new market. Apigee might be a good example.
Perhaps you meant too small to occupy the entire new "Blockchain Unit"? Perhaps, but I assume they would be working on several things rather than just one.
Sure, but the goal of the acquisition is to help/kickstart something worth significantly more than that. Apigee was rolled into google cloud - that's a space worth trillions.
Docusign has a big share of the e-signature market. The market itself just isn't very big (by google standards).
Well they can dump seemingly unlimited amount of dollars into it for the next few years and maybe make something cool or at least make Blockchain more mainstream. If they dump it after that, who cares?
Maybe something to squash, say, DocuSign? Not that you need a blockchain to do that, but I can see a Google or Apple DocuSign product growing fast because they own the mobile OSes.