4 ms·

Maybe google plans to buy BMW ...

by return0 11y ago

kisna72 11y ago
haha. this can be the only explanation!! jk
kuschku 11y ago
After BMW just bought the last remains of Nokia (including the smart-driving subsidy of Nokia that produced 3D scans of all european streets), I don’t think so. Also Google is, for a carmaker, tiny. VW, for example, is over twice as large as Google.
- dragonwriter 11y ago
  > Also Google is, for a carmaker, tiny. VW, for example, is over twice as large as Google. By what measure? Market cap, Google is one of the biggest companies in the world, (#2 behind Apple, last I heard) in the neighborhood of $450 billion. VW Group is around $100 billion. Google's cash on hand is on the rough order of magnitude of VW's market cap.
  - kuschku 11y ago
    Google has less assets, half of the profit and half of the revenue of VW. Google has a higher valuation due to an investment bubble, not due to actual economics.
    - dragonwriter 11y ago
      > Google has less assets, half of the profit and half of the revenue of VW. Most recent quarterly numbers are more like Google has 1/3 of the revenue of VW but 85% of the profits. > Google has a higher valuation due to an investment bubble, not due to actual economics. Even if it was due to an investment bubble rather than, say, rational expectations of stronger long-term growth based on market characteristics, well, investment bubbles are as much "actual economics" as anything else.
      - kuschku 11y ago
        Advertising in general is a grossly overvalued business. VW will still build cars, engines and small-scale power plants in a century. Web advertising is already becoming an issue now, with more and more people moving to mobile, vendors pre-installing adblockers and even ad agencies starting to doubt the effectiveness of easily overlooked Google ads. And still, VW, a single carmaker in a single company, is larger than the overvalued internet giant of Google that controls advertising in all but a handful of countries. Google is a tiny player in the rest of the world economy.
jedmeyers 11y ago
G is for Google, B is for BMW ...

Maybe google plans to buy BMW ...

by return0 11y ago

Maybe google plans to buy BMW ...

kisna72 11y ago

haha. this can be the only explanation!! jk

kuschku 11y ago

After BMW just bought the last remains of Nokia (including the smart-driving subsidy of Nokia that produced 3D scans of all european streets), I don’t think so. Also Google is, for a carmaker, tiny. VW, for example, is over twice as large as Google.

dragonwriter 11y ago
> Also Google is, for a carmaker, tiny. VW, for example, is over twice as large as Google. By what measure? Market cap, Google is one of the biggest companies in the world, (#2 behind Apple, last I heard) in the neighborhood of $450 billion. VW Group is around $100 billion. Google's cash on hand is on the rough order of magnitude of VW's market cap.
- kuschku 11y ago
  Google has less assets, half of the profit and half of the revenue of VW. Google has a higher valuation due to an investment bubble, not due to actual economics.
  - dragonwriter 11y ago
    > Google has less assets, half of the profit and half of the revenue of VW. Most recent quarterly numbers are more like Google has 1/3 of the revenue of VW but 85% of the profits. > Google has a higher valuation due to an investment bubble, not due to actual economics. Even if it was due to an investment bubble rather than, say, rational expectations of stronger long-term growth based on market characteristics, well, investment bubbles are as much "actual economics" as anything else.
    - kuschku 11y ago
      Advertising in general is a grossly overvalued business. VW will still build cars, engines and small-scale power plants in a century. Web advertising is already becoming an issue now, with more and more people moving to mobile, vendors pre-installing adblockers and even ad agencies starting to doubt the effectiveness of easily overlooked Google ads. And still, VW, a single carmaker in a single company, is larger than the overvalued internet giant of Google that controls advertising in all but a handful of countries. Google is a tiny player in the rest of the world economy.

jedmeyers 11y ago

G is for Google, B is for BMW ...