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by panarky
4360 days ago
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Assume 60 million cars produced each year, 10% with Google autonomous driving software and sensors, with a $1,000 per car licensing fee. That's a $6 billion per year business with very high margins. If net margins are 50% and this division commands the same multiple as Google itself, then the division would be worth about $100 billion. That's about 25% of Google's current market value. Today, there's talk of Uber being a $200 billion company[0]. Google Ventures is an investor in Uber, and if they could combine the autonomous vehicle tech with the Uber network, what would that be worth? [0] http://www.businessweek.com/videos/2014-06-13/uber-could-be-... |
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