Quote:
Originally Posted by Angry Jew Cat
Google's model is to just sit it out, wait, and buy up anything that looks good with their enormous bankroll. When throwing billions of dollars isn't enough to get what they want, then they turn to the knockoff plan.  |
True. But I guess my point is that for such a forward thinking company, nobody seems to have an "eye" for what's hot over there.
They wait so long that now companies don't want to sell since they are at their peak. If Google had any sense of where the market was going, they would make an offer earlier and maybe actually own some of these new websites instead of just Youtube.
If they are loose with the cash, they would buy more websites when they are smaller based on a hunch and a few would have actually paid off by now (that's how they got Adwords). I honestly think they are very confused as the direction they want to go, maybe that's why there was the shakeup at the top there this week.
Their earnings from Adwords are amazing, but if you look at the moves they make, Google looks like a one trick pony, it's just that the one trick is a really, really, good one.