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"Years" is stretching it. Google was founded in 1998. In 1999, their revenues were $200,000 [0]. In 2000, it was $19M. And in 2001, it hit $86M in revenues and
by danso 4y ago
"Years" is stretching it. Google was founded in 1998. In 1999, their revenues were $200,000 [0]. In 2000, it was $19M. And in 2001, it hit $86M in revenues and and profits of $7M [1].
[0] https://www.cnbc.com/2019/10/08/what-a-1000-dollar-investment-in-google-would-be-worth-after-10-years.html https://www.cnbc.com/2019/10/08/what-a-1000-dollar-investmen...
[1] https://www.sec.gov/Archives/edgar/data/1288776/000119312505065298/d10k.htm https://www.sec.gov/Archives/edgar/data/1288776/000119312505...
- acdha 4y agoAlso, they had huge adoption numbers in a field with obvious monetization paths: companies like Altavista and Yahoo were selling more revenue than their earliest figures and there was no reason to think Google wasn’t going to capture that along with the users. The contrast with Helium is glaring: statistically nobody uses it and if it shutdown overnight nobody outside of cryptocurrency speculators would notice.