>That is certainly better than killing these projects?

You sure?

Google obfuscates these moonshots (Waymo, Verily) in the “Other Bets” line in their 10-K. They lose money in the aggregate and the detailed financials for each entity aren’t revealed.

If a company like Waymo looked like it were on the path to profitability, Google wouldn’t hide the financials. They report the bare minimum (jumbled up with a bunch of unrelated stuff) because the numbers are grim.