Just a question: why does a sub from Google need to raise money?
I would question the confidence if a super big company starts something and is like: uh you know. We collect money from someone else.
I would question the confidence if a super big company starts something and is like: uh you know. We collect money from someone else.
It is easier to get the right investors and partners if you are not controlled by Alphabet, because investors and partners have more assurances of the governance leverage they get for their money/effort. If you are Sergey's pet project, you are very vulnerable to mood swings on his (or Google's) behalf.
The big thing is strategic partnership and support from industry. If you look at who’s invested into Malta from the companies they list in the article, everyone one of them is highly relevant to some part of the business model / supply chain of Malta, with each company generally being at the top of their respective industries.