Google executives cheery about Silicon Valley economy(news.cnet.com)
news.cnet.com
Google executives cheery about Silicon Valley economy
http://news.cnet.com/8301-1023_3-10045349-93.html
2 comments
right. they can be cheery because they're Google...
Google don't live in a vacuum - without new content, new advertisers, new businesses, new users, new ideas, they'll stagnate.
If Google is happy, then I think that's a good indicator for everyone upstream and downstream.
If Google is happy, then I think that's a good indicator for everyone upstream and downstream.
And if Google said they were unhappy, their stock would plummet, so I don't think we have anything to go on here.
Well yeah - but it was more in response to "Google can be upbeat because they're Google and nothing can harm them". This simply isn't true.
Also, companies will tend to give out warnings if their business is coming under pressure (a lot of the time, but there are some pretty obvious counter-examples). The market is pretty brutal with nasty surprises.
Also, companies will tend to give out warnings if their business is coming under pressure (a lot of the time, but there are some pretty obvious counter-examples). The market is pretty brutal with nasty surprises.
>without new content, new advertisers, new businesses, new users, new ideas, they'll stagnate.
Or put another way, with diminishing content, crumbling advertisers, few new businesses, few ideas, and no new users, they'll get hurt.
Or put another way, with diminishing content, crumbling advertisers, few new businesses, few ideas, and no new users, they'll get hurt.
when you are rich, recessions are just a time to get assets on sale.
why pay top dollar to acquire a startup when you can get them for 80% off in six months? times like this are gravy for companies like apple and google, they have more than enough cash to ride out the apocalypse and buy up assets on the morning after
why pay top dollar to acquire a startup when you can get them for 80% off in six months? times like this are gravy for companies like apple and google, they have more than enough cash to ride out the apocalypse and buy up assets on the morning after