Google Watching
Google's market cap is over US$120B, with its stock trading at over US$400/share. All this from revenues of around US$6B. That explosive growth, coupled with a culture that values brilliance, has made Google the envy of techdom -- as well as earned it the disdain from everyone who has felt the brunt of its arrogance. With the money and clout it has, many are expecting acquisitions to drive its growth -- but Google has thus far avoided big purchases. It has stuck with trawling for small outfits that have yet to hit market with a product -- to some degree, sticking with pure engineering shops, so it can easily transition them into the fold. Google is a place where engineers rule, and the suits are second class citizens. BusinessWeek has a nice summary of fat-cat Google, and just how Page & Brin may be thinking.
Related reading:
Related reading:
- Google's 2004 Annual Report [PDF] -- sourced from of all places, Yahoo!
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