Google Ventures Stake In Uber, Unicorns Could Pay Off For Alphabet | Re/code

Google Ventures Stake In Uber, Unicorns Could Pay Off For Alphabet | Re/code

Re/code Event Updates Re/code Product Updates http://on.recode.net/1SDwqdx Trending Spencer Platt / Getty Images News Share: Alphabet , Google's newfangled conglomeration, arrived in August, but we will not see its first financial figures until January, when the company reports two sets of earnings — Google and the "other bets." Each subsidiary will not break out its own performance, but the earnings reports will offer some view into their costs and output. Before then, Re/code is unpacking one Alphabet company a week*, presenting the facts, figures and, just maybe, the financials behind the silos of the world's most ambitious company. So far: Nest , then Access and Energy . Number three: Google Ventures. For Google Ventures, Alphabet's birth was a relief. Since its inception, in 2009, the early-stage fund has argued that it operates only to generate hefty returns, not as a strategic arm of Google, its sole capital source. Being a standalone company helps make that case easier.

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