> Imagine thinking a 0.5% return on investment is a good use of money

What is waymo's valuation? How much has alphabet invested in waymo? $10 billion? What could they sell it off for today? $30 billion? More? What would the ROI be?

> when treasury bonds return almost 5%

And yet alphabet invests in waymo? I wonder why? Oh that's right. Alphabet created waymo as tax write off scheme. Absolute genius.

It's insane how ingnorant hn commentors are when it comes to finance, investment and technology. Every earnings and every financial news, it's the most ignorant who rant about nonsense confidently. But then again, according to the geniuses of hn, tesla, meta, bitcoin, etc would have imploded years ago.