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Note to Googlers. If there's one thing I learned from working in Yahoo during its crazy rise in the early 2000's, it's that you should sell when your founders
by cloneofsnake 16y ago
Note to Googlers.
If there's one thing I learned from working in Yahoo during its crazy rise in the early 2000's, it's that you should sell when your founders / CEO sell!
Our stocks were almost doubling every 6 months, we thought we were invincible! Many of my colleagues joined when Yahoo stocks were at its highest, so they were holding off for more gain. I was lucky enough to have joined when it was close to its lowest at $9 a share, so I happily sold some. Boy am I glad I did.
- hessenwolf 16y agoWith a p/e of 25, a lot of growth is still priced in, and I see Google's competition speeding up. 0. Google's cpc is expensive. 1. I will happily spend my advertising on facebook - once I get around to it, this weekend. 2. Bing adcenter is cheaper (though astoundingly shit so far - but only working with it a few days). 3. I would advertise with duckduckgo in a shot. 4. I will give twitter a go too.
- robryan 16y agoGood luck getting any better value from Facebook unless your not directly selling anything. My experience has been Facebook ads cost just as much or more and convert terribly. Unless your providing something fun to do or building a brand they seem like bad value.
- hessenwolf 16y agoJust put $50.00 on it. They had a recommended cpc of $1.40 - which seems really, really extravagant. What would you say is the norm? We are newbies at marketing.
- robryan 16y agoit depends who you are targetting i guess, 1.40 sounds very high but prob what they want for some us targetting? I tried getting specific, going for slightly cheaper groups and it still recormended like 50 cents. dont know what your ads are but i didnt find people at all interested ads for products, very low conversion
- hessenwolf 16y agoIt's a domain name generator - it's 'mildly' fun. Still in beta testing so not posting it up on forums or anything. We are getting approximately 15 visitors a day (since last week), all paid for using google adwords, and largely from Egypt. CPC is about 5cent, bid set at 20c or something like that. If I set bing adcenter to decide my bids it goes to $14 - pretty insane. I think we might push a buck fifty margin once we make our first sale. Exciting stuff.
- il 16y agoRecommended CPC means nothing, ignore it. Start under $1.00, wait until you have established a decent CTR and then start lowering your bids until you stop getting impressions.
- joshfinnie 16y agoBut you have to remember scale here. He is selling just over 5% of his stock. I think it is a good idea to follow the founders, so yes go sell your stock (or at least 5% of it).
- deleted 16y ago[deleted]