I was going to disagree, but then I tried to think of a market Google has successfully entered in the last five years and I couldn’t come up with anything. For sure it’s not game streaming (Stadia).
Anyone got anything?
Anyone got anything?
- Microsoft: Visual Studio Code (2015), acquired GitHub - getting deep into dev tools outside the Windows market
- Apple: Apple Watch (2015) - wearable health tech
- Amazon: original TV and movies, grocery delivery, acquired Whole Foods (2017)
- Facebook: acquired Instagram (2012) and WhatsApp (2014), Oculus VR
- Netflix: original feature films (e.g. Roma, 2018)
You may not consider all those to be new markets; e.g. Netflix is still pretty much just doing streaming video as far as I'm aware. But it was still seen as a big deal when they started doing original TV shows (House of Cards) and then "proper" original movies.
Edit to add: Google: AI tools & infrastructure? I don't know enough to judge if they're making a big impact there.
And how is vscode a major new market?
Anyway, applying your criteria fairly to also Google, why wouldn't e.g. Fitbit, Nest, Pixel phones, Kubernetes, TPUs, YouTube Premium, Flight search, and Meet count?
The truth is that google project are dead is by now a self-fulfilling prophecy. Nobody will build a company, which is relying on google frameworks and APIs beyond adtech.