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Isn't Google a trillion dollar company going gangbusters toward its next trillion dollars?
by petcat 8mo ago
Isn't Google a trillion dollar company going gangbusters toward its next trillion dollars?
- gotwaz 8mo agoWell currently they make about 1500 bucks a year of every american household just selling ads. Make much less on the rest of the world. So it really just boils down to what the upper limit on ad sales to the american consumer is.
- compiler-guy 8mo agoThe cloud business is also doing quite well. Waymo is generating revenue now as well. So not just ads.
- raw_anon_1111 8mo agoIs it profitable?
- compiler-guy 8mo agoCloud is profitable. Waymo not, but is building. In any event, the grandparent was talking about revenue.
- raw_anon_1111 8mo agoWhich is completely meaningless. Anyone can sell a bunch of one dollar bills for 50 cents
- compiler-guy 8mo agoThat was the proper takeaway during Amazon.com’s preprofit stages.
- raw_anon_1111 8mo agohttps://en.wikipedia.org/wiki/Survivorship_bias https://en.wikipedia.org/wiki/Survivorship_bias
- compiler-guy 8mo agoA more sophisticated analysis would involve checking available capital vs run rate and whether or not there is a viable business underneath.
- raw_anon_1111 8mo agoAn even less sophisticated analysis would know that it doesn’t matter if their marginal cost > marginal revenue… What next? Are you going to say look at where Apple was pre Jobs as evidence? So all they have to do is resurrect Jobs from the dead and let him take over Waymo? There is a reason that “look at Amazon!” is meaningless
- usrusr 8mo agoSo how much is the American household spending on Waymo, in average? It's totally insignificant.
- ethbr1 8mo agoThe value of Waymo isn't current revenue, it's whether it works reliably and whether it can be scaled.