Xooglers
Xooglers is a blog I’ve been watching for a while now. With google growing at the rate it is, and Microsoft looking like it’s in more and more trouble every day, it’s interesting to hear an inside view of what happens inside the googleplex. The blog is written by ex-staff of google, writing about different events that happened whilst they were at the company, as well on their thoughts on current google news. I find it interesting that these employees, despite pointing out where google has gone wrong, still seem to have a strong sense of loyalty and pride to the company.
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Anonymous said,
March 28, 2006 at 9:51 pm
I find it funny how you continue to publish articles on how great google is and how it continues to flourish. You’re obviously not aware of the stock market and the happenings of the stock market…where performance is ultimately measured (corporations goal is to increase share holder wealth). Google has over the past few months taken an absolute battering on the stock market. Share price has tumbled and subsequently stripped billions off the value of the company. Microsoft is in a simmilar position but they took their plunge a while ago.
Simple fact is, its coming to an end for the tech based companies. Theyve grown rapidly and are now over valued. The age of tech stocks sky rocketing are over. This said, even though google has taken a battering, it is a solid company and its not going to fall apart but its not growing at the rate which you mention. Growth is measured by revenue, not the amount of products released and unfortunatly for google the top line isnt growing as quickly as one would hope.
johnsee said,
March 28, 2006 at 10:23 pm
Hi Anonymous,
You have some great points, and I do like that you do try to back your argument up. However, have a look at google’s share price:
http://finance.google.com/finance?q=goog&btnG=Search
Sure it has dropped, but I would hardly call it an “absolute battering” or a “tumble”. Google continues to push out (mostly) high quality free services. Microsofts brand new push with “Windows Live” WOULD NOT exist without google.
I don’t see another coming of the end, at least not in the same style as the dot com boom. Investors have realised just because a service or site is good doesnt mean it will make money BUT the biggest thing that does power most these sites is ads. Thanks to adsense, google controls a huge percentage of this. (On a side note, I recieved another adsense cheque in the mail the other day :D)
Anonymous said,
March 29, 2006 at 12:56 pm
Down 7.9% in recent months.
Coming of the end was probably the wrong choice of words.
Point is, the growth expirienced by google in the past few years wont be replicated in the next few quarters/years. At best it will be a slow incline, mind you, Im not 100% sure as my knowledge of the US market is much more limited than the Aus.
johnsee said,
March 29, 2006 at 3:36 pm
Fair enough. But there is no way it could keep growing at such a huge rate forever :)
Anonymous2 said,
March 29, 2006 at 5:30 pm
who cares by this time next year microsoft will own google
Anonymous said,
March 30, 2006 at 9:04 am
Well actually….forever is a bit strong…but bluechip companies usually grow and a costant rate over a period of time. meh anywho…google is cool.