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Poorly managed? They have now grown over 20% the last ten quarters and now over 26% the last two. Since the beginning never declined for a quarter YoY. Eve
by glenrivard 8y ago
Poorly managed? They have now grown over 20% the last ten quarters and now over 26% the last two. Since the beginning never declined for a quarter YoY. Even though the great recession.
That is pretty hard to do.
- karpodiem 8y agoHow many FTEs do they have running G+? There are a bunch of OSS people that use it because Facebook sucks and Twitter is toxic. The good will from the OSS community in maintaining G+ can be easily paid for in the 250% growth you referenced. And please, save me from the 'we need to double down and focus on products that matter' - no, you need to maintain some credibility for your product ownership. That's why I don't spend a single dollar with GCE.
- Apocryphon 8y agoShouldn't the OSS community be using an OSS social media network like Mastodon anyway?
- mattkevan 8y agoNot if they want a reasonable amount of people to actually see what they’ve written...
- notfromhere 8y agoI mean you really can't argue that Google's attempts to move away from relying on ad revenue for most of its earnings have been successful
- karpodiem 8y ago"The bulk of Google’s $110.8 billion revenue in 2017 came from its proprietary advertising service, Google AdWords." https://www.investopedia.com/articles/investing/020515/business-google.asp https://www.investopedia.com/articles/investing/020515/busin...
- glenrivard 8y agoYes but not following how that relates to "poorly managed"? I mean they are in all of history the fastest to a $100B market cap and since started in 1998 it was right at the .com bust. Then the fastest to $200B. Does that not take good management?
- someguydave 8y agoManaging not to screw up their de facto monopoly on search/ad placement is not the same as managing to do something else highly profitably
- glenrivard 8y agoYouTube has over a billion hours consumed a day. That is not search. Actually it is now the #2 most popular web site. So they have both the #1 and #2 most popular sites now. Heck they are rolling out the first robot taxi service in Arizona later this year. https://en.wikipedia.org/wiki/List_of_most_popular_websites https://en.wikipedia.org/wiki/List_of_most_popular_websites
- gaius 8y agoThey have this immense cash-generating engine that is AdWords and that means management can make alot of mistakes without it even mattering. If that revenue went away, what would they do? Conversely, if Bing was shut down at the same time, Microsoft would shrug and keep on rolling.