• Waymo could be worth $175 billion - here's the history of the Google Car project

    4 monthes ago - By Business Insider

    Waymo
    Waymo , formerly the Google Car project, is almost ten years old.
    After more than 8 million self-driving miles, Waymo is preparing to commercialize in 2018 and 2019.
    Morgan Stanley has pegged Waymo's value at $175 billion.
    Waymo is almost a decade old. What started as secretive Google X lab undertaking is now on the verge of being a commercial business, planning to launch in limited markets this year and expand in 2019.
    Since 2009, Waymo has amassed over eight million self-driving miles, using a variety of platforms. Along the way, a who's who of autonomous pioneers has worked on the...
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  • 2018 is shaping up to be a record year for private investing: VCs have already poured $73 billion into startups valued at $1 billion or more

    2018 is shaping up to be a record year for private investing: VCs have already poured $73 billion into startups valued at $1 billion or more

    4 monthes ago - By Business Insider

    Reuters 65 companies have reached valuations of $1 billion or more in 2018, new data from Crunchbase reveals.
    Private investors have poured $73 billion into "unicorn" companies in the first 7 months of 2018 alone - just $15 billion short of the total funding for unicorns in all of 2017.
    In Silicon Valley, startups valued at $1 billion or more are nicknamed "unicorns" because originally they were so few and far between. See the rest of the story at Business Insider NOW WATCH: This conveyor belt can move in any direction See Also: This 28-year-old crashed his company twice and wasted...
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