Google's Sergey Brin Talks

I know that this video of Google co-founder Sergey Brin at Web 2.0 Summit is widely circulating the interwebz, but not everyone is taking the time to watch it and highlight the interesting sound bites.

Here are some of the choicest quotes from Brin:

"I did not try to buy Twitter"

Admitted that AdWords was "a very lucrative revenue stream" although that wasn’t always the case.

"The internet is disproportionately efficient" as an advertising platform, compared to traditional advertising platforms.

Avoided answering a question about whether Google would build Android hardware.

"Bing has reminded us that search is a very competitive market."

"It’s a shame that Yahoo plans to abdicate" from search.

Doesn’t agree that Google is "stealing" from traditional news outlets such as the Associated Press.

The delays in shipping Chrome for Mac is "one of the disappointments for the Chrome project for me."

"I’ve been surprised at the level of controversy" and "amount of resistance" over Google Book Search.

Comments

[Mad Hedge F...:]

bji When people ask me what is the one stock they should put in their kid’s college fund and forget about, I always give them the same company: Google (GOOG). The toll taker for the Internet that controls 70% of the global market for search just announced record Q3 profits of $1.6 billion on a revenue rise from $4 billion to $4.4 billion. In this economic environment these numbers are nothing less than astounding, making GOOG one of the few US firms that has actual top line growth. Google earnings, in fact, have turned into a valuable leading economic indicator by telling us that the strong ad growth came in the retail, travel, and the automotive sectors. This bang up performance is further proof that the irresistible tectonic shift away from old line media like newspapers, radio, and TV, to online, is accelerating, offering advertisers far and away the highest return on investment. Google is fast becoming the operating system for all advertising. While critics focus on the myriad ways the company recklessly burns money on peripheral businesses like Google TV, YouTube, forays into print media, and their private space program, I see gigantic growth opportunities that will prevent the company from becoming another Microsoft (MSFT). Mobile search grew 30% QOQ as the growing legion of sophisticated portable devices are increasingly used for search. Also, click rates cratered in the great recession, the price of “investment advisor” for example plunging from $4 to pennies. A recovery could bring an equally ferocious rebound in rates that fall straight to GOOG’s bottom line. Most analysts are now targeting the high $600s for the stock price, which I believe will prove conservative. If you are ever worried about America’s future, then just look at these two kids, Larry Page and Sergey Brin, who built a $400 billion company out of their dorm room at Stanford in virtually no time, with no capital. Just ignore the office foosball table, volley ball court, and at-desk massage service.

Oct 27 11:14 AM

[jack dee:]

More spam from Mad Hedge fund .......


THis guy spams the same comments like a bot , just search his posts and you will find bot like spamming on same topics , with word for word matches .

This is spamming

Oct 27 03:29 PM