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Originally Posted by cykoe6
I don't have an expert opinion on this but the idea that Google is too diabolically clever to ever make a mistake or pursue a dead end strategy is ridiculous. 10 years ago it was Microsoft and Yahoo who could do no wrong and would soon take over the entire world. As companies become bigger and require more market share to keep their growth rates high enough to please the markets they have a tendency to overreach. Market share and revenue growth do not always equal long term profitability.
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People here thought they were diabolically clever and nothing would go wrong. Then Tubes hit them.
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Originally Posted by montel
So they spend 600 mil a year to get that data? Seem kinda pricey considering they surely get enough information from their search engine. What would you rather- raw search terms from Google or finding out that the person is a habitual watcher of cute panda home movies (which they would likely know from the search terms on Google already - that is my whole point here.)
If you add on some other data collection points like Google Analytics on god only knows how many pages and also Gmail reading all your mail already, Youtube for data collection at 600 mil a year seems a bit of a rich?
No, Google wanted to monetize it with ads and found they couldn't. They fucked up so far and it is looking like a mistake. Claims this 600 mil a year of value is gained though data collection could only be swallowed the most committed Google fanboy.
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Data on millions of kids watching other kids on skate boards is not worth 600 million?
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Originally Posted by Jim_Gunn
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Whoops, I can't spell. LOL
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Originally Posted by mynameisjim
I guess I'm the only one who thinks Google is sort of a phony. They had one success with one product. Everything else they've done has either been a buyout, or they just copied another service. In fact, adwords was just a copy of Overture.
If they were such a great company they would be innovating more, but honestly, I can't think of one innovation they've had.
Don't get me wrong, they've made a shitload of money and deserve every penny of it and even the janitor over there is probably smarter than me. But I think they are a one hit wonder.
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There are lots of multi millionaires and billionaires who made it because they got in early.
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For the record I doubt if feeding out thousands of videos to millions of people for free like they have on Youtube is such a great idea. Traffic costs money until it buys something. Just having a surfer on your site is not the solution. Getting him to buy something is.
But as we know a lot feel traffic is king and when you have as much money as Google you can write off $600,000,000 a year to prove traffic is king.
Will it change? Would love someone to point out how. Clearly all the clever guys at Google don't know how to. But then maybe one of my detractors has the answer.