Google Venture Capital: The Challenges [View article]
The problem here is that Google has been unable to generate meaningful revenue from companies they have aquired. To date, YouTube hasn't produced expected target revenue. Google has ransacked Postini's $100M revenue stream to less than $50M today.
If Google isn't able to make good for companies they have purchased, what makes anyone believe they will accomplish more with companies they just invest in?
Google is a one trick pony...period!
I purchased my GOOG 2 weeks after the IPO and sold in December 2007. I won't buy Google stock unless and until I see better marketing of already existing services as well as much better customer service.
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The problem here is that Google has been unable to generate meaningful revenue from companies they have aquired. To date, YouTube hasn't produced expected target revenue. Google has ransacked Postini's $100M revenue stream to less than $50M today.
Jul 31 15:59 pm
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All Comments by NW Tech »Google Venture Capital: The Challenges [View article]
If Google isn't able to make good for companies they have purchased, what makes anyone believe they will accomplish more with companies they just invest in?
Google is a one trick pony...period!
I purchased my GOOG 2 weeks after the IPO and sold in December 2007. I won't buy Google stock unless and until I see better marketing of already existing services as well as much better customer service.
Google's customer service sucks!