The company’s core business – search, YouTube, and Android – would remain a part of Google, under the watch of CEO Sundar Pichai. The rest would be broken out into separate companies, each with their own CEOs. All would fall under the auspices of the new Alphabet construct, led by Google co-founders Sergey Brin and Larry Page.
These non-Google companies that make up the Silicon Valley conglomerate are usually referred to as the “Other Bets,” which is how they are labelled on Alphabet’s financial statements. Nest – the smart appliance company Google acquired in 2014 – was once considered one of Alphabet’s “Other Bets,” but in 2018 it was reabsorbed back into the Google mothership.
Though their revenues and losses are lumped together each quarter, Alphabet’s “Other Bets” share little else in common, with company’s ranging from anti-ageing labs to drone delivery services to startup investment funds.
Also, because the top executives of these companies are not named Larry or Sergey or Sundar, these leaders often fly under the radar. But that doesn’t mean their backgrounds aren’t worth considering.
One was a child chess prodigy, who created a smash hit video game by the age of 17. Another is the largest individual shareholder in Apple. Notably, none are women.
Subscribe to read: Meet the 14 top executives who lead Alphabet’s ‘Other Bets,’ helping the company go beyond just Google
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