Let's not forget that that "upward trajectory" included a near 70% year-over-year increase in revenue on a stock market where 4% is the long-term norm. And Goog

Let's not forget that that "upward trajectory" included a near 70% year-over-year increase in revenue on a stock market where 4% is the long-term norm. And Google did that, not as a $100k Market cap stock but as a $1 trillion market cap stock (ok 1 trillion ... after the gain). If Google's revenue stood entirely still for 3 years, they would still have outperformed the S&P500 comfortably. Frankly a -20% YoY revenue (the minus sign is not a mistake) would have been an excellent result. This is truly remarkable performance.