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0 pointskarpodiem7y ago0 comments

What a poorly managed company.

0 comments

Poorly managed? They have now grown over 20% the last ten quarters and now over 26% the last two. Since the beginning never declined for a quarter YoY. Even though the great recession.

That is pretty hard to do.

notfromhere7y ago

I mean you really can't argue that Google's attempts to move away from relying on ad revenue for most of its earnings have been successful

karpodiemOP7y ago

"The bulk of Google’s $110.8 billion revenue in 2017 came from its proprietary advertising service, Google AdWords."

https://www.investopedia.com/articles/investing/020515/busin...

glenrivard7y ago

Yes but not following how that relates to "poorly managed"?

I mean they are in all of history the fastest to a $100B market cap and since started in 1998 it was right at the .com bust. Then the fastest to $200B.

Does that not take good management?

1 more reply

gaius7y ago

They have this immense cash-generating engine that is AdWords and that means management can make alot of mistakes without it even mattering. If that revenue went away, what would they do?

Conversely, if Bing was shut down at the same time, Microsoft would shrug and keep on rolling.

karpodiemOP7y ago

How many FTEs do they have running G+? There are a bunch of OSS people that use it because Facebook sucks and Twitter is toxic.

The good will from the OSS community in maintaining G+ can be easily paid for in the 250% growth you referenced. And please, save me from the 'we need to double down and focus on products that matter' - no, you need to maintain some credibility for your product ownership.

That's why I don't spend a single dollar with GCE.

Apocryphon7y ago

Shouldn't the OSS community be using an OSS social media network like Mastodon anyway?

1 more reply

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0 comments

glenrivard7y ago

Poorly managed? They have now grown over 20% the last ten quarters and now over 26% the last two. Since the beginning never declined for a quarter YoY. Even though the great recession.

That is pretty hard to do.

notfromhere7y ago

I mean you really can't argue that Google's attempts to move away from relying on ad revenue for most of its earnings have been successful

karpodiemOP7y ago

"The bulk of Google’s $110.8 billion revenue in 2017 came from its proprietary advertising service, Google AdWords."

https://www.investopedia.com/articles/investing/020515/busin...

glenrivard7y ago

Yes but not following how that relates to "poorly managed"?

I mean they are in all of history the fastest to a $100B market cap and since started in 1998 it was right at the .com bust. Then the fastest to $200B.

Does that not take good management?

1 more reply

gaius7y ago

They have this immense cash-generating engine that is AdWords and that means management can make alot of mistakes without it even mattering. If that revenue went away, what would they do?

Conversely, if Bing was shut down at the same time, Microsoft would shrug and keep on rolling.

karpodiemOP7y ago

How many FTEs do they have running G+? There are a bunch of OSS people that use it because Facebook sucks and Twitter is toxic.

That's why I don't spend a single dollar with GCE.

Apocryphon7y ago

Shouldn't the OSS community be using an OSS social media network like Mastodon anyway?

1 more reply

j / k navigate · click thread line to collapse