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> their business model .. wildly successful On what basis? They has an old model, build up the success of the platform, then changed the model. On what basis c
by Chris2048 5y ago
> their business model .. wildly successful
On what basis? They has an old model, build up the success of the platform, then changed the model. On what basis can we judge the new model successful versus the momentum of the old model?
- crazygringo 5y ago> On what basis? Literally the line that says "YouTube ads" in their quarterly report? 2020 Q1 was $4 billion, 2021 Q1 was $6 billion. [1] Seems like wild success to me. But, you know, keep checking for the next few quarters if you're convinced Google is killing their golden goose. They've got some pretty smart business analysts and product people over there though, I wouldn't bet against them. [1] https://abc.xyz/investor/static/pdf/20210428_alphabet_10Q.pdf https://abc.xyz/investor/static/pdf/20210428_alphabet_10Q.pd...
- Chris2048 5y agosure, but don't mind if I discount a pandemic year.