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infectoyesterday at 4:23 PM1 replyview on HN

Yes and what matters the most is what Waymo has been signaling for years. They don’t want the capex (owning and running the physical cars). I don’t know the intent of this raise but you have to realize companies may have a good asset but they don’t want to own it 100% for a multitude of reasons. Some of them could be as simple as wanting to get other investors involved and comfortable with the asset to maybe take on larger roles in future rounds. Or in this case potentially running the car part of the business.


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bryanlarsenyesterday at 5:10 PM

By investing $13B of the $16B they're signalling they do want the capex, at least for now.

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