For example, it could be fascinating to see YouTube as a stand-alone company. Currently its revenues are masked under the "Google" part of Alphabet. It sounds like it's extremely profitable. It could be interesting to see YouTube perform as an independent entity on public markets alongside other media entities, rather than bundled into a "tech" company.
From what I've heard, and from the decisions Google keeps making regarding revenue sharing, ads, etc. YouTube loses them a lot of money due to video storage costs. I believe they even restrict the quality of uploads for some users now to combat that, but don't quote me.
> In 2022, YouTube's advertising revenue accounted for approximately 11.35 percent of Google's total revenue. That year, the video platform's annual ad revenues amounted to 29.24 billion U.S. dollars, up from the 28.84 billion U.S. dollars in the previous year.
For context, the sum total of Google's capex last year (offices, data centers, networking, everything) was around $30B. Meaning they could spend (almost!) every cent of that on YouTube video storage and still come out ahead.