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This is almost saying uber makes all of its money from ride hailing, almost all these years. Reality: after 2008, economy boomed, and advertising also did. Adv
by tehlike 8y ago
This is almost saying uber makes all of its money from ride hailing, almost all these years.
Reality: after 2008, economy boomed, and advertising also did. Advertising, once you have the means, is easier to scale, and high margin. Google stopped relying on just owned and operated properties, and diversified into 3p properties to achieve even more scale
Most other businesses or business attempts require massive operations which google lacks
Even you ramp up non advertising revenue to a billion dollar, advertising will grow more just because it is already big.
- ModernMech 8y agoThis is a strange comparison. As far as I know, Uber doesn't actually make any money. They've operated at losses on a few billion in revenue for as long as I can remember by aggressively expanding their core business. They have maybe one or two side hustles which compliment their core competency. I don't see any comparison that can be made to the way Google operates.