So far, the restructuring looks like a win financially. The stock price is up more than 85 percent and the Google side of the business has gone gangbusters, with quarterly revenues surging by more than $13 billion since the second quarter of 2015 under its new CEO, Sundar Pichai, while Page stays out of the public eye as the CEO of the larger Alphabet holding company.

What’s less clear looking back, however, is whether the new model has increased Other Bets innovation or slowed it down. Since the Alphabet announcement, the company has introduced a handful of new subsidiaries, sucked one back into Google, and even spun off several projects into independent companies outside of Alphabet.

On this anniversary, here’s a look at some of the challenges and benefits of Alphabet’s soup:

To spin off or stay put?
Today, Alphabet has a grand total of 13 Other Bets. In its latest earnings, the company revealed that they posted $145 million in revenue, up 49 percent year over year, but still only a teeny tiny percentage of Alphabet’s overall Q2 revenue of $32.66 billion. Because the company shifted its smart home unit Nest back into Google, segment revenues were actually down 12.5 percent since the first time the company broke out Other Bets quarterly earnings in 2016. Operating losses have fluctuated too, hitting $732 million in Q2, a 15.6 percent increase year over year, but a decrease since the segment lost $802 million in Q1 2016.

Sourced through Scoop.it from: www.cnbc.com