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Alphabet's market cap (total dollar value of all stock in the hands of investors) is currently about $900 billion, while the value of the net

Alphabet's market cap (total dollar value of all stock in the hands of investors) is currently about $900 billion, while the value of the net assets on its balance sheet totals about $200 billion. Explain one reason why these numbers are different. Please be specific. Limit your response to two sentences or less.

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