I don’t know when I wrote this “thesis” but it was probably 4-5 years ago and long enough ago that Google Cloud Platform didn’t even come into my radar, and I didn’t focus on YouTube, Waymo, or things like capital returns. Given the way optionality has unfolded, it’s possible that Alphabet is an even better business now than it was then. It is very short and a bit crude. I’m not an analyst, so keep that in mind.
An old thesis on Alphabet
An old thesis on Alphabet
An old thesis on Alphabet
I don’t know when I wrote this “thesis” but it was probably 4-5 years ago and long enough ago that Google Cloud Platform didn’t even come into my radar, and I didn’t focus on YouTube, Waymo, or things like capital returns. Given the way optionality has unfolded, it’s possible that Alphabet is an even better business now than it was then. It is very short and a bit crude. I’m not an analyst, so keep that in mind.