But big pharma companies have existed before Google. I was not interested in them and I don't want Google/Alphabet turn into one of them. If they focus on healthcare, they're doing something completely different which is of no interest to me. As a shareholder of Alphabet, I feel this is some kind of a treason.
That is great! Shareholders never make great decisions, but only look at the profits. So this means that Larry and Sergey have more freedom to do what they want without primarily looking at profits. I sincerely hope that they go for the "alternative" approach and study the docters that get amazing results. I suggest to start with Dr Mark Hyman, Dr David Perlmutter and Dr Dale Bredesen.
I haven't looked at the details as I had not much illusions about it anyway. I was a shareholder before the split and I did not bother selling after it. Maybe I should, and as I said that's sad.
Yeah I was vaguely aware that I had not much voting rights. That's what I meant by saying that I had not much illusions about it. Google is such a cool company that I thought I should own some shares anyway. But if it turns into a healthcare company, I'll get rid of them.
The entire world's population is aging and death by accident is becoming more and more rare.
Health care can essentially become an inelastic good, if you can decrease the entry price you will pick up more and more customers.
If you do it right you can get customers for life and then use your product to extend their life.
Not to mention the rich people that fund this can rationalize away the existential problem.