3 ms·
Google's market cap was already at over $100B with billions in revenue and hundreds of millions in profits when it bought DoubleClick and YouTube. So while tho
by mg 3y ago
Google's market cap was already at over $100B with billions in revenue and hundreds of millions in profits when it bought DoubleClick and YouTube.
So while those were big aquisitions (Around $3B and $2B) they only accelerated the process of Google turning into the web's central player. It was already set in motion before the aquisitions.
- rwmj 3y agoThe large market cap is exactly why they shouldn't have been allowed to acquire either. (Same goes for Facebook with Instagram, Whatapp).