oogle, alphabet the future - life at ucf | learning ... · "googl; " both classes of ......
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ABriefHistoryofGoogle• Google'smissionistoorganizetheworld's
informaDonandmakeituniversallyaccessibleanduseful
• 1996SearchEnginecreatedasresearchprojectbyLarryPageandSergeyBrinatStanfordUniversity
• 1998Incorporatedasaprivatelyheldcompany• 1999OfferedforsaletoExcitefor$1million,
Exciteturneddowntheoffer• 2000AdWordsreleasedasGoogle’sadverDsing
plaYorm• 2004IPO,marketcapitalizaDonofmorethan$23
billion
WhyRestructureintoAlphabet?
• Ge^ngmoreambiDousthingsdone• Takingthelong-termview• Empoweringgreatentrepreneursandcompaniestoflourish• InvesDngatthescaleoftheopportuniDesandresourceswesee• Improvingthetransparencyandoversightofwhatwe’redoing• MakingGoogleevenbe.erthroughgreaterfocus• Andhopefully…asaresultofallthis,improvingthelivesofasmany
peopleaswecan-AlphabetInc.CEOLarryPage
TheStructureofa“Simple”CorporateRestructure
• AlphabetwascreatedasasubsidiarydirectlyownedbyGoogleInc.,withGoogleastheownerandAlphabetasthesubsidiary.Agerwards,theroleswerereversedinatwo-stepswitch:– First,adummysubsidiaryofAlphabetwascreated.– GooglethenmergedwiththenewdummysubsidiarywhileconverDng
GooglestocktoAlphabetstock.Thepost-mergersubsidiary,nolongeradummy,changeditsnameto"AlphabetInc."ThecorporatereorganizaDonwasdonewithoutashareholdervote,whichisallowedunderDelawarelaw.
• TherestructuringprocesswascompletedonOctober2,2015.AlphabetkeptGoogleInc.'sstockpricehistoryandconDnuestotradeunderGoogleInc.'sformerDckersymbols"GOOG"and"GOOGL;"bothclassesofstockarecomponentsofmajorstockmarketindicessuchastheS&P500andNASDAQ-100.
"GoogleInc.filingwiththeSEC,Form8-K".UnitedStatesSecuriDesandExchangeCommission.
ResultsoftheRestructure• Madeiteasierforinvestorstotracktherevenuefrom
GooglevstheotherdivisionsofAlphabet• Earningsdividedintotwomaincategories
– Google:Search,Ads,Commerce,Maps,YouTube,Apps,Cloud,Android,Chrome,GooglePlayandhardwareproducts,suchasChromecast,ChromebooksandNexus
– OtherBets:GoogleFiber,Calico,Nest,Verily,GVGoogleCapital,XandotheriniDaDves
• Firstfinancialreportagerrestructure– Alphabettotalfourthquarterrevenue$21.33billion– Googledivision$21.178billionrevenue– OtherBets$448millionrevenueand$3.6billionoperaDngloss– Total2015revenue74.5billion
• Brieflybecametheworld’smostvaluablecompany• $516billionmarketcapitalizaDon(asofApril1,2016)with
$73billionincashonhand
AlphabetSubsidiaries• Calico(biotechresearchanddevelopment)• GoogleCapital(growthequityfund)• GoogleFiber(broadbandinternetand
cabletelevision)• GV(venturecapitalinvestment)• Jigsaw(cross-sector,inter-disciplinary
thinktank)• NestLabs(homeautomaDon)• SidewalkLabs(urbaninnovaDon)• Verily(researchorganizaDondevotedto
thestudyoflifesciences)• X(semi-secretR&Dof“Moonshots”)• Google(Search,Ads,Commerce,Maps,
YouTube,Apps,Cloud,Android,Chrome,GooglePlayandhardwareproducts,suchasChromecast,ChromebooksandNexus)
Calico• Researchanddevelopmentbiotechcompanyestablishedin2013todeviseintervenDonsthatslowagingandcounteractage‑relateddiseases
• Focusedonhealth,wellbeingandlongevity
• Acronymfor:CaliforniaLifeCompany• StrategyofPartnering
CalicoPartnerships• AbbVie(neurodegeneraDonandcancer)• AncestryDNA(geneDcsofhumanlifespan)• BroadInsDtuteofMITandHarvard,andtheBuckInsDtute
forResearchonAging(age-relateddiseasesandtherapeuDcs)
• QB3(biologyofagingandidenDfyingpotenDaltherapeuDcsforage-relateddiseases)
• UniversityofTexasSouthwesternMedicalCenterand2M(drugdevelopmentforneurodegeneraDvedisorders)
• UniversityofCalifornia,SanFrancisco(age-relatedcogniDvedecline)
GoogleCapital• Late-stagegrowthventurecapitalfundfinancedbyGoogle,foundedin2013
• Focusedonlargergrowthstagetechnologycompanies
• Investsforprofit,notstrategicacquisiDonsforGoogle• AddiDonalsupporthasincludedgivingrecipientcompaniesaccesstoGoogle'semployeesandknowledgebase,withthegoalofencouragingthegrowthofthecompaniestheyinvestin
GoogleCapital’sInvestments• GChasinvestedincompaniesintheareasofbigdata,
financialtechnology,security,ande-learning• SurveyMonkey(cloud-basedonlinesurveyandquesDonnaire
tool)• LendingClub(peer-to-peerlendingcompany)• CommonFloor(onlinerealestatestartup,India)• Freshdesk,aSanFrancisco-basedcustomersupportplaYorm• CreditKarma(freecreditandfinancialmanagementplaYorm)• Innolight(opDcalcomponentcompany,China)• ZenPayroll(onlinepayrollsoluDons)• OscarHealthInsuranceCorp.(healthinsurancestartup)• GirnarSogware(creatorofCarDekhoandotheronline
portals,India)
GoogleFiber• Google'sfiber-to-the-premisesserviceintheUnitedStates,providingbroadband
internetandcabletelevisionservice• Fiberrunundergroundto“GoogleFiberHuts”.Fromthe“huts”,thefibercables
travelalonguDlitypolesintoneighborhoodsandhouses,andstopataFiberJack(anOpDcalNetworkTerminal)ineachhouse.
• Speedsupto1Gigabit/s.Downloadhighdef.movieinunderoneminute• GoogleFiber...bar.OnAprilFools'Day2012,Googlereleasedanannouncement
thattheirproductwasactuallyanedibleGoogleFiberbarinsteadoffiber-opDcInternetbroadband.
• FiberPhone,2016(landlinephoneservice)• AnnouncedlocaDons:
– PaloAlto,California(limitedtestlocaDons2011)– KansasCity,Kansas&Missouri(2011)– AusDn,Texas(2013)– ProvoUtah(2013)– Nashville,Tennessee(2015)– RaleighandDurham,NorthCarolina(2015)– Atlanta,Georgia(2015)– SouthernCalifornia(2015)– SaltLakeCity,Utah(2015)– Huntsville,Alabama(2015)
GV(formerlyGoogleVentures)• Venturecapitalinvestmentdivision,foundedin2009• AsopposedtoGoogleCapital,GVprovidesseed,venture,andgrowthstage
fundingtolifescience,healthcare,arDficialintelligence,roboDcs,transportaDon,cybersecurityandagriculture.
• Operatesindependentlyandmakesfinanciallydriveninvestmentdecisions• Investedinover300companies,including:
Jigsaw• Cross-sector,inter-disciplinarythinktank• Dedicatedtounderstandingglobalchallengesandapplyingtechnological
soluDons• Projectsinclude:
– ProjectShield:protectwebsitesfromDDoSa.acks– InvesDgaDveDashboard:givesjournaliststoolstofollowthecriminaluseof
moneyanduncoverinternaDonalmoneylaundering– PasswordAlert:letspeopleknowiftheyhavebeenthetargetofamalicious
emaila.empDngtosDlltheirpasswords– DigitalA.ackMap:displaysthethousandsofcybera.acksagainstthe
websitesofnewspapers,businessesandchariDeseveryday
NestLabs• Co-foundedbyformerAppleengineersTonyFadellandMa.Rogers.Acquiredby
Googlefor$3.2billionin2014.Revenuein2015wasapproximately$340million.• HomeautomaDonproducts:includingprogrammable,self-learning,sensor-driven,
Wi-Fi-enabledthermostats,smokedetectors,securitycamerasanddevices• NestLearningThermostatbasedonamachinelearningalgorithmthatlearnsthe
habitsoftheoccupantsandthenopDmizesheaDngandcoolingofhomesandbusinessestoconserveenergy
SidewalkLabs• WorkswithciDestobuildproductsaddressingbigurbanproblems• DevelopingasogwareplaYormnamedFlowtohelpciDesdiagnoseandfix
congesDonproblems• LinkNYCiniDaDvereplacesoldpayphoneswithkiosksthatprovidefree
Wi-Fiwithina150-footradius.ThetouchscreenkioskshavecanalsobeusedforfreelocalphonecallsandInternetbrowsing
Verily• ResearchorganizaDondevotedtothestudyoflifesciences• Projectsinclude:
– ContactlensesthatconDnuallymeasurebloodsugarforpeoplewithdiabetes– Spoonlikeutensilforpeoplewithtremors– TheBaselineStudy.CollectgeneDcandmolecularinformaDonfromalargeenoughpartofthe
populaDontocreateatruepictureofhumanhealth– Disease-detecDngnanoparDcleplaYorm– Health-trackingwristband– DevelopingsurgicalroboDcs,inpartnershipwithJohnson&Johnson
X(formallyGoogleX-Labs)• Semi-secretresearchanddevelopmentsubsidiary• Projectsareogenreferredtoas"moonshots”• Currentprojectsindevelopment
– ProjectSelf-DrivingCar• Equippedavarietyofvehicleswiththeself-drivingequipment,includingtheToyota
Prius,AudiTT,andLexusRX450h.Alsocustombuiltafleetofcars.Thevehicleshaddrivenover1,000,000milesasofJune2015.PublicroadtesDngofdriverlesscarsislegalinCalifornia,Michigan,Florida,Nevada,Arizona,NorthDakota,Tennessee,andtheDistrictofColumbiaasofFeb.2016.Projectedavailabilitytothepublicin2020.
– ProjectWing• Rapiddeliveryofproductsacrossacitybyusingdrones
– ProjectGlass• Augmentedrealityhead-mounteddisplay
– ProjectLoon• ProvidelargescaleinternetaccessbycreaDnganetworkofballoonsflyingthrough
thestratosphere
– AddiDonalprojects• AnarDficialneuralnetworkforspeechrecogniDonandcomputervision• Thewebofthings,awayofconnecDngreal-worldobjectstotheInternet• Smartphoneba.eriesthatlastsignificantlylonger
BostonDynamicsForSale• EngineeringandroboDcscompany• December2013,thecompanywasacquiredbyGoogleXfor$500Million• Googlemothballedoveronehundred“moonshot”projectsin2015
Source:h.ps://en.wikipedia.org/wiki/List_of_Google_productsNote:ThislistdoesnotincludethevariousdisconDnuedproductsfrompreviousyears
Referencesh.p://abc.xyzh.p://calicolabs.com/h.p://cdn1.Dcbeat.com/wp-content/uploads/2015/11/projectwing.jpgh.p://digitala.ackmap.com/h.p://en.wikipedia.org/wiki/Calico_(company)h.p://en.wikipedia.org/wiki/Googleh.p://en.wikipedia.org/wiki/Google_Capitalh.p://en.wikipedia.org/wiki/Google_Fiberh.p://en.wikipedia.org/wiki/GV_(company)h.p://en.wikipedia.org/wiki/Jigsaw_(company)h.p://en.wikipedia.org/wiki/List_of_Google_productsh.p://en.wikipedia.org/wiki/Nest_Labsh.p://en.wikipedia.org/wiki/Verilyh.p://en.wikipedia.org/wiki/X_(incubator)h.p://fiber.google.com/about/h.p://fiber.google.com/ciDes/kansascity/plans/h.p://google.com/selfdrivingcar/h.p://googlecapital.com/companies/h.p://googlefiberblog.blogspot.com/h.p://gv.com/h.p://images.technewstoday.com.s3.amazonaws.com/tnt/google-fiber-set-to-be-introduced-in-salt-lake-city.jpgh.p://sidewalklabs.com/h.p://staDc5.uk.businessinsider.com/image/5695361fe6183e23008b8ac9-1200-1396/bi_graphics_alphabet-google-org-structure_05.pngh.p://technobuffalo.com/h.p://Dme.com/3758763/google-smart-contact-lens/h.p://venturebeat.com/2016/02/01/alphabet-earnings-reveal-strong-21-33b-in-revenue-99-from-core-google-business/h.p://verily.com/h.p://wired.com/2016/02/googles-city-fixing-sidewalk-labs-is-finally-ge^ng-to-work/