My Second Brain
Thursday, November 24, 2005
Googling for Gold BusinessWeek Article
This article is basically about how Google has so much money that they can do anything. And everyone, from venture capitalists to Wall Street bankers to startup entrepreneurs wants some of it. But Google is taking their time.
But the thing that struck me was this closing thought from the article:
Personally I can't imagine Google putting up a portal like Yahoo. I see them as totally different companies and I think Google would be worse off building that kind of a portal.
No wonder the stock price is so high. Wall Street seems to think that Google will be Yahoo, eBay and Microsoft combined. Personally, I don't see it.
¶ 2:52 p.m. 0 comments
But the thing that struck me was this closing thought from the article:
Surprisingly for a company of Google's size, clout, and business needs, it doesn't yet have a thriving in-house VC arm. And that's despite some glaring holes in its product lineup. ... For starters, Google has a long way to go to match the breadth, depth, and richness of Yahoo's portal. Ditto a peer-to-peer marketplace along the lines of an eBay, as well as Microsoft-like software applications.Does this mean that Wall Street (or at least BusinessWeek) thinks that Google's business needs to be more than search and advertising? Do they really think Google is lacking because they don't "match the breadth, depth, and richness of Yahoo's portal"?
Personally I can't imagine Google putting up a portal like Yahoo. I see them as totally different companies and I think Google would be worse off building that kind of a portal.
No wonder the stock price is so high. Wall Street seems to think that Google will be Yahoo, eBay and Microsoft combined. Personally, I don't see it.
¶ 2:52 p.m. 0 comments
