Cruise was acquired by GM for $1B, at a time when it was a fraction of the scale... | Hacker News

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		beambot on Aug 3, 2017 \| parent \| context \| favorite \| on: Larry Page Deposition in Uber vs. Waymo Cruise was acquired by GM for $1B, at a time when it was a fraction of the scale & sophistication of Waymo. So how does Waymo not count as a success when you consider the comparables...?

ipsum2 on Aug 3, 2017 [–]

Cruise was not acquired for $1B. http://www.businessinsider.com/gm-cruise-automation-price-20...

beambot on Aug 3, 2017 | | [–]

GM CFO said $581M. Sorry, I was off by a factor of 2x... but my point still stands. If Cruise was worth $581M, then Waymo is worth a lot more.

http://fortune.com/2016/07/21/more-on-what-gm-paid-to-buy-cr...

unityByFreedom on Aug 3, 2017 | | [–]

581 million

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