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2001 revenues of 70 mil
2002 rolling in at 2x that rate.
Earning more than 15 mil annually, gets 7 mil/year from YAHOO!
3x as profitable as Ebay was after 3.5 years in business.
Processes 1800 searches/second
...In effect, it ranks Web pages not by how many times keywords appear, which is what most search engines do, but by how popular and relevant each page is....
Simplicity + Brains + Common Sense = Google success, any way you measure it.
I do agree that it is harder to be innovative and fast as a public company as you have a lot more stakeholders to placate - decision making slows, conservatism increases as in any large group with many interests, so they will lose that advantage if they IPO.
But they can still (and must) stay customer oriented.. its just they have a lot more owners to consider as well as those now that can probably just sit around the google board table in one room munching tofu burgers ala Grateful Dead.
You've got to give the Google PR machine credit. They seem to have a very well thought out plan. Google's biggest challenge is convincing the public to take another chance on a dotcom. Articles like the Fortune piece will play a major role in making that happen.
I would think that we will see an optional Pay-for-inclusion scheme in the near future. And many people will gladly pay to have their site properly spidered and guaranteed to be in the index. Google can't lose on that one.
There is no way they are going to turn google into a portal - or anything like that - it would be shooting themselves in the foot.
I plan on buying a lot oof google shares.
I'll just have to buy enough to make sure this doesn't happen. Anyone want to loan me a couple hundred million?