Let's see what's left in Alphabet that isn't Google.<p>There's Calico, CapitalG, Fiber, GV, Intrinsic, Isomorphic, Verily, Waymo, Wing, X. Nest and DeepMind were absorbed into Google, and many of the previous Alphabet mini-companies are already gone (Makani, etc).<p>My personal expectation is that Calico will eventually wind down, as their research has been pretty unexceptional and I don't think they've managed to find any real revenue sources.<p>Intrinsic is probably on borrowed time, looking for revenue, and if they don't get significant amounts in the next two years, will be shut down.<p>Waymo isn't profitable yet but it looks like the execs have decided to give it a very, very long runway, and they are the technical leader in no-driver cars. It's still at risk if they don't find a good revenue model.<p>Wing has no real revenue to support their costs, and drone deliveries just aren't going to be a great business, so I expect it to shut down in the next two years.<p>Fiber- it's hard to tell why Google has allowed this to continue for so long. The only thing I can imagine is that they are somehow using the usage data to generate revenue or ML training data.<p>Intrinsic is really new so they probably have a couple years runway, but pharma sales aren't a great business to be in if your only product is a protein structure predictor and binding predictor. I work in this field and I still see this as an unrealistic bet on Alphabet's part.<p>That leaves Verily. It's clear Alphabet has downsized it significantly and scoped the projects down significantly. They have turned away from every single early idea and pivoted to a few remaining areas where they have some strength. I work in this field and it's amazing to me they keep it around- so I expect that unless they sell it in the next year or two, it will be shut down.<p>CapitalG, GV, and Google's real estate ventures will probably all continue because they have generated a fair amount of revenue.<p>Google Cloud is part of Google, not Alphabet, which IMHO is an insult to the people who run it. It could be spun off as an all-in Alphabet company but it's so closely tied to the rest of the Google infrastructure it will never live on its own.<p>Truly impressive how little Alphabet has achieved.