On the other hand, if they think that Uber is likely to go down anyways, a big settlement could allow Alphabet to recover a disproportional amount relative to other investors. Timing would be key, ideally they would want to settle while there is still cash, and use the legal battle as an excuse to find a buyer for their stake while there is still hope.

Thinking in conspiracy theory mode I wonder if it could be possible that Alphabet knew about the theft for longer than they admit, waiting for Uber's self driving projects to grow more valuable, kind of like a secret stake. Would that even be legal?