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I am not sure why people defend Google results so much. When they IPO in 2004, Google was expecting to dominate the world. First trillion dollars company, 10x
by hartator 4y ago
I am not sure why people defend Google results so much.
When they IPO in 2004, Google was expecting to dominate the world. First trillion dollars company, 10x the size of Apple, and Microsoft being acquired as a fun side project for them. They are so far behind this and the future does look dark.
- mmmmmbop 4y agoWhere can I read more about these expectations?
- quags 4y agoI remember the ipo and also not buying because google only has search and that seemed to be an issue for me. I remember the ipo being botched. Also I didn’t buy apple thinking while the iPod was nice one product won’t bring a company back from near bankruptcy. Both companies are over a trillion dollars, have significant cash and if you bought and held you would be doing quite well. This was also during the most decade of Microsoft where people were predicting the down fall of microsoft too. So it’s hard to really gauge what a company with so much money and low debt can pull off and continue to grow.