Most companies would do a big problem if they found an additional $ 8 billion in their sofa cushions.
Google is not one of these companies.
Nestled at the bottom of Google’s release from Google Thursday is this Bit Accountantpeak Bit note: “OI & E of $ 11.2 billion for the three months enclosed on March 31, 2025 included an unrealized gain of 8.0 billion dollars on our unloaded equity titles linked to our investment in a private company.”
Translated: We invest in private companies and one of them is worth much more now than before, we therefore not.
On the one hand: even for Google, the addition of an additional $ 8 billion in paper profit. He helped bring the company’s net income to $ 35.5 billion in the last quarter, compared to $ 23.7 billion a year earlier.
On the other hand: no one seems to worry about it. At least at Wall Street anyway. I just listened to Google’s winning call and there was not one question on the $ 8 billion. No one seemed to be remotely interested in which Google’s investments came from zoom.
Who is a few sense. If you are in the field of Google’s analysis, you want to know what happens to its main activity – the sale of ads. The fact that an unrelated company with which he took a leaflet is much more is not really understanding your analysis.
In addition, analysts probably thought that Google would say nothing if they asked anyway. This is what happened when I asked Google Comms to shed light on this gain – in particular, which company they were talking about.
But I care! So I made a little look around me and I found four probable suspects in which Google has invested and which has gained in value:
Anthropic. Google has 14% stake in the Rival Openai. And the value of anthropic, like other AI platforms, has recently exploded. At the end of last year, a financing tour estimated the company at $ 41 billion, according to the Yahoo private business monitoring service. But a new round estimated the company at $ 61.5 billion in March 2025.
Spacex: Google has invested in Elon Musk’s rocket company – an investment of $ 1 billion, with Fidelity, in 2015. A financing round at the end of last year estimated SpaceX at 350 billion dollars. Its evaluation the previous year was $ 175 billion.
Databricks:: It is one of these companies that no one outside the Silicon Valley knows, but the people of technology are definitely following, because the analysis platform also has a crazy financing trajectory. At the end of 2024, a round of funding of $ 10 billion estimated the company at $ 62 billion, compared to $ 43 billion in the fall of 2023.
Band: He is a bit of a joker. The online payment company has been extremely precious for a long time and is a lasting candidate in the IPO. But Stripe does not seem interested either to become public as soon as. Its evaluation is not motivated by financing cycles, but by secondary sales which allow investors and existing employees to stop. However, the value of these transactions is increasing and right: the most recent would have the value of Stripe at $ 91.5 billion, against $ 50 billion a few years ago.
businessinsider
