Google Blows A Lot Of Money On Weird Investments – Here's Why

sergey brin money

Unlike some tech giants, Google isn’t afraid to open its wallet and spend the billions in cash it generates from its lucrative search business.

Sometimes Google makes smart investments, like when it bought YouTube, or Android.

Other times though, Google’s decisions leave us scratching our heads.

Some examples of weird uses of cash (click on each item to learn more):

  • $40 million on Windmills
  • $86 million low-income housing tax credit
  • 114 megawatts of Wind power from NextEra Energy
  • A full-time Beekeeper
  • $1 million in shweeb, a human powered monorail
  • fibre optic networks across America.
  • $500 million in Clearwire
  • A prototype mirror for solar
  • $3.9 million in genetics testing
  • $30 million in space travel

Remember: Google is a web-based advertising and software company. Why does it blow money on things like spacetrips and bicycle-powered monorails? These are obivously non-core businesses and investments.

Our guess: Google doesn’t spend a lot of money on traditional advertising. Maybe funding quirky projects like windmills and beekeeping is Google’s way of defining its brand. These projects also likely boost employee morale.

That’s fine and good, but if shareholders get another year so of flat stock due to a decelerating single revenue stream, they might start wondering why the company’s money doesn’t entirely go toward revinestments closer to Google’s core competencies.

Google blew $40 million on Windmills

Google really likes to spend money on clean energy projects. But $40 million on Windmills? This has nothing to do with Google's core business. Why burn the money?

Google creating an $86 million low-income housing tax credit

Playing the Energy Market

Google is selling energy on the spot market thanks to a deal where it bought 114 megawatts of Wind power from NextEra Energy. It's a very unusual move to say the least. The power would be enough to power several data centres, but Google doesn't have data centres near the Iowa windfarm it bought the energy from. So, Google is just speculating.


In fairness to Google, this one isn't that weird and it's not that expensive. Google has an official beekeeper. He takes care of 4 bee's nests on Google's campus. The chef at Google thought it would be a good idea to have bees nearby for fresh honey.

Invested $1 million in shweeb, a human powered monorail

This one is just crazy. Shweeb puts people in clear pods which are powered by people kicking their legs as if on a bicycle. Google gave the company $1 million to see if it can make the Shweeb an eco-friendly transportation company.

Google fibre optics for a super fast internet

Google wants to build super fast fibre Internet networks in a few towns in America. Why? Well a Google rep one tried to explain to us that it's good for Google if more people use high speed Internet. OK, we guess. But why is Google doing this?

Investment in Clearwire

Google invested $500 million in Clearwire a few years back. At the time, Google said Clearwire woul, 'provide wireless consumers with real choices for the software applications, content and handsets that they desire.' And that's why it was investing. Clearly, it changed its mind about Clearwire at some point because it hasn't put anymore money in. And we're not sure how the investment helps Google now.

Prototype mirror for solar

Google is very into the clean energy market. To that end it's investing in building a prototype of a solar panel that could reduce the cost of solar energy by 2X. Neat. But again, why is GOOGLE doing this?

$3.9 million in 23andMe

The decision to invest $3.9 million in 23andMe, the startup founded by Sergey Brin's wife was controversial. 23andMe immediately used the money to pay back Sergey who had loaned $2.6 million out of his own pocket. This has nothing to do with Google's core business, and it sure looks bad, so why do it?

The $30 million Google Lunar X Prize

Google is dangling $30 million out there for the first privately funded team to 'to send a robot to the moon, travel 500 meters and transmit video, images and data back to the Earth.'

Enough with the weird, here's the (somewhat) smart stuff

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