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You have it exactly backwards. Google's Ads business throws off massive amounts of cash to spend on R&D diversifying away from Ads. The Ads business is maxing
by cromwellian 11y ago
You have it exactly backwards. Google's Ads business throws off massive amounts of cash to spend on R&D diversifying away from Ads.
The Ads business is maxing out, you cant generate 20% revenue growth per year by continuing to have a 97% ads business model.
This "oh, but they're going to use it for ads" meme is pure lazy and sloppy thinking.
- deleted 11y ago[deleted]