As our founders Larry and Sergey wrote in the original founders’ letter, “Google is not a conventional company. We do not intend to become one.” That unconventional spirit has been a driving force throughout our history – inspiring us to do things like rethink the mobile device ecosystem with Android and map the world with Google Maps. As part of that, our founders also explained that you could expect us to make “smaller bets in areas that might seem very speculative or even strange when compared to our current businesses.” From the start, the company has always strived to do more, and to do important and meaningful things with the resources we have. Alphabet is a collection of businesses – the largest of which, of course, is Google. It also includes businesses that are generally pretty far afield of our main Internet products such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X. We report all non-Google businesses collectively as Other Bets. Our Alphabet structure is about helping each of our businesses prosper through strong leaders and independence.