Whither Google?
Ominous, yet obvious, comments from Google's CFO today are sending GOOG plunging.
I don't understand the hoopla. Well, of course anytime the CFO of a hyper-growth stock like GOOG comes out and says growth is slowing, it's not a good thing. But isn't it obvious that revenue has to come from other sources? When 99% of your revenue comes from one source -- search -- looking for alternative revenue streams is a no-brainer. Unfortunately, Google hasn't shown much of an ability to produce revenue generating products that are embraced by a critical mass of consumers. And one has to wonder if concentrating so much on products like Google Base (the so-called eBay killer) will leave them vulnerable on the search side to Yahoo!, MSN, and Ask.com.
Maybe you had too much too fast?
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Mrshafrir.com
Welcome to my world.February 28, 2006
Whither Google?
Ominous, yet obvious, comments from Google's CFO today are sending GOOG plunging.
GOOG
I don't understand the hoopla. Well, of course anytime the CFO of a hyper-growth stock like GOOG comes out and says growth is slowing, it's not a good thing. But isn't it obvious that revenue has to come from other sources? When 99% of your revenue comes from one source -- search -- looking for alternative revenue streams is a no-brainer. Unfortunately, Google hasn't shown much of an ability to produce revenue generating products that are embraced by a critical mass of consumers. And one has to wonder if concentrating so much on products like Google Base (the so-called eBay killer) will leave them vulnerable on the search side to Yahoo!, MSN, and Ask.com.
Maybe you had too much too fast?
Posted by mshafrir at February 28, 2006 10:52 AM | TrackBack