Yet More Google Gazing 253
povvell writes "Bob Cringely has joined the club and just set out his personal vision for the future of Google now that it's flush with cash, thereby joining a happy band of Google gazers. But is he right, and are they? My own guess is that the company intends to become the biggest advertising platform in the world. What's yours?"
So (Score:5, Funny)
Well, im buying that
Dominate supercomputing & buy SUN. Seriously (Score:5, Insightful)
I think they will buy Sun, who has a different set of strengths in high-end computing (customer contacts).
This is made more likely because of the personal connections between the companies, including having the same investors, whose portfolio companies often help each other long after they're small (remember AOL,NSCP) [slashdot.org], and recieved their seed money from Andy Bechtolsheim one of the founders of Sun Microsystems [google.com] .
Re:Dominate supercomputing & buy SUN. Seriousl (Score:5, Insightful)
Why in the world would Google buy Sun? Google does not want to sell hardware or Java. Google's data centers run el-cheapo commodity x86 servers. And Sun is not even profitable.
Are you pondering what I'm pondering? (Score:2)
They're going to redirect all search results to "http://thebrainisyourmaster.com," thereby making it the most popular site on the internet, and therefore one of the most trusted, making everyone want to elect the Brain as the leader of the world.
Then, to really clinch it, they'll use the money to buy everyone free t-shirts. It's foolproof.
Making Mistakes (Score:5, Insightful)
Re:Making Mistakes (Score:5, Funny)
Re:Making Mistakes (Score:2)
Re:Making Mistakes (Score:3, Insightful)
Though I guess the really really really smart people make a 2nd mistake in a isolated model where they controll each of the parameters.
Re:Making Mistakes (Score:2)
Except that those really smart people, if they're really really smart, will be falling over themselves making the case that the execs were right all along...
I forgot.. (Score:4, Funny)
For your eyes only. In other words, the Mod's won't see this, so I expect only you to see this!!
P.S. Cheers!
They don't drill down this deep!
Re:Making Mistakes (Score:2)
Maybe (Score:2, Funny)
Wow, he's full of himself. (Score:4, Insightful)
I am sure Google really wants to have an interview with an asshole that complains of their micromanagement.
I am no Googlelover (as far as their IPO/business practices go) but I don't think it's a bad idea to ignore Cringley.
Re:Wow, he's full of himself. (Score:2, Insightful)
If it wasn't for slashdot posting about it every time he updates his column, I wouldn't know who he is.
Re:Wow, he's full of himself. (Score:2)
Aye, I fully agree. If he knows so much about search engines, why isn't he running one himself?
Re:Wow, he's full of himself. (Score:2)
Was that sarcasm, or were you serious? Lots of people choose not to work in the field or at the task they know most about. I know a lot of whizzes at car motors who absolutely hate working in a garage. Just because someone doesn't do something doesn't mean they're not qualified to sound off on it.
Not that it applies to Cringely... I have no idea whether he's qualified or not. Just saying "in general".
All I know is... (Score:5, Insightful)
I thought of them more like "A group of SMFs that wanted to make some neat shit". Which they accomplished.
So with all this money now, its almost as if the impression that I have of Google has died and something else has taken over.
Google Conquers Online Advertising (Score:5, Insightful)
We do like google. And when google started running little text link adds off to the right, I said "Way to go, google, now you can mage something for all your hard work." A lesser company might have sold "preferred listing" links *COUGH* YAHOO *COUGH* but Google remained honest and our friends.
And now, I see that google's little text links are actually usefull to me. I'm searching for airfare, and google suggests that I try an online airfare that I hadn't tried before. I do and I get a good price! And that place gets my business, and Google gets a few millicents for my click.
As long as google can remain my friend, I hope they do take over all of online advertising. Adds that arent' hideous in some way and actually advertise things I'm interested in will, in my eyes, revolutanize the online world.
Way to go Google.
Re:Google Conquers Online Advertising (Score:3, Interesting)
The key to that is "a long as Google can remain my friend".
Little useful text links are great, and actually get seen by people like me who only load images for the originating web site.
But watch out for how much trust you put in them, how do you know they won't start doing p
because they make money this way... (Score:2)
They know that the reason their text ads are so much more effective then reguler banner ads is because they are useful, low bandwith, and unobtrusive. Giving this up in favor of a more obnoxious, less effective, advertising scheme would be useless and would alienate all the customers they have garnished on good name alone. Constantly i hear "what if google turns around and becomse evil" with no reason why. "what if google suddenly realies that a gigabyte is t
Re:Google Conquers Online Advertising (Score:2)
Link [theregister.co.uk]
When google bowed down to Yahoo!/Overture, handing over a hefty portion of voting stock to Yahoo!, their IPO became a joke.
Without advertising tech, they are a search engine that can be superceded at any time. That means their stock is worth nothing. Their only income is adverts, and their advertising business is owned by Yahoo!.
Re:Google Conquers Online Advertising (Score:2)
But they do have advertising technology. The advertising technology that Google uses was determined to be owned by Overture/Yahoo. In order to settle the legal issues surrounding Google's use of this tech Yahoo was given a chunk of class A voting shares - not a controlling number of shares but a decent chunk. So now Google is free to use the Yahoo advertising tech in conjunction with its various products including webm
Re:Google Conquers Online Advertising (Score:2)
Advertising, by definition, is something consumers do not want. Otherwise, consumers would PAY for advertising.
Google now serves annoying banner ads, so their annoyance factor will increase..
Re:All I know is... (Score:2)
Compared to profit of $26 million in 2003, they are doing very well, even without the IPO. Actually from what I understand it is those profit numbers that actually made the FCC se mi forcegoogle to IPO in the first place. Apparently there are regulations concerning how much a private company can earn.... shrugs.
Re:All I know is... (Score:3, Informative)
Then you understand nothing. There is no such regulations, there never have been, and there most likely never will be. Some of the largest companies in the world are privately owned.
Re:All I know is... (Score:4, Insightful)
Just so you dont forget it. They have now LICENCESED bidded text advertising concept from Yahoo/Overture (formerly GoTo.com).
That admission cost em 300 million dollars. Remember it next time you praise Google for inventing it.
Re:All I know is... (Score:2, Funny)
I thought of them more like "A group of SMFs that wanted to make some neat shit".
I think boatloads of money is some pretty neat shit.
Re:All I know is... (Score:2)
As long as google doesn't break (Score:5, Insightful)
Re:As long as google doesn't break (Score:2, Funny)
Movement Beyond Internet and Market Cap (Score:5, Interesting)
Second, as reported on my website [groupshares.com] Google's stock price is still fairly attractive from a P/E basis. If Google stays on track to grow for the rest of the year, Google should be valued more than Yahoo, which could mean the stock should still be attractive above $100.
Just my thoughts,
Aj
Re:Movement Beyond Internet and Market Cap (Score:2)
That is the stupidest thing I have ever heard. That wouldn't even be inline with AdSense/AdWords. You clearly don't understand what the technology does.
Re:Movement Beyond Internet and Market Cap (Score:2)
Um, isn't Google's P/E around 120?
Given that the historical average for P/E ratios is around, what, 17, how is Google possibly attractive on a P/E basis?
What PE basis? (Score:2)
Hanging on too tightly (Score:5, Insightful)
I see an excellent point made in the article, which is that the founders want to maintain control of the enterprise as much as they can. The problem is that as soon as you've taken a company public, it isn't your baby anymore. It sounds like decisions need to start being delegated before the founders wear themselves out from working too hard.
I've worked at more than one company where the founder(s) micro-managed the entire enterprise. The did themselves a tremendous disservice in the long run by discouraging independent thought and actions.
Re:Hanging on too tightly (Score:2)
Right, it belongs to the share holders. Or more specifically to the votes corresponding to those outstanding shares. The interesting thing here is that Google's founders and insiders gave themselves supershares with 10x voting rights. So while Google is a public company it is tightly controlled almost like a private company. In a sense this is a benefit because if you presume the current owners know best them the
Business messaging and search (Score:5, Interesting)
now that it's flush with cash (Score:4, Funny)
What?!? They flushed their cache?!? What are we going to do when someone gets Slashdotted?!?
But is he right? (Score:4, Insightful)
Attitude (Score:5, Insightful)
The hype - almost hysteria at first - surrounding the Google IPO has so much resonance with the dot gone fun of a few years ago, they would do well to look to the future without forgetting the pertinent and still relevant lessons of the past. Just because the stock market thinks you're worth $billions, doesn't mean it'll stay that way, or that you really are worth that much.
Remember Netscape? The parallels are noticeable. Cornered market until MS got there with IE and ownership of the desktop. It's a different political world now though, but it's worth remembering.
And for a company that's historically been very secretive, how will that play out in the publicly listed world?
Re:Attitude (Score:5, Insightful)
Netscape used to be the best browser, and that's why I used it. I remember IE 1.0, it was fucking aweful. Then IE 2.0, still aweful. Then IE 3.0, which IMO, was right about on parity with Netscape.
Then IE 4.0 came out, and I switched, because it was better than what Netscape had. Netscape stopped developing, and channeled it's dollars into a legal fight with MSFT.
So, blah blah, AOL comes along and dismantles Netscape. The OSS community takes over the day to day of mozilla.org, and the focus is once again on development.
Now I use FireFox, and more and more switch daily. Hell, articles run in MS's own Slate magazine recommending FireFox.
I use it because it's the best browser, IMO. Just about everyone I've showed it to has switched. Because they think it's better than IE. They like the speed, they like the tabs, they like the popup blocking, etc. I don't even have to sound like a tinfoil hat and rant about security. The fact that it's a better browser has been enough to convince people.
Thats why I never bought into that "Microsoft killed netscape by bundling IE" bullshit. I never used IE because it was bundled, I used it because it was better and didn't bork my box like NS did.
So how does that relate to Google? If Google focuses on legal fights with MSFT, or other silly nonsense a la "you set the default home page to msn.com and thats an abuse of yer monopoly", then Google is doomed. Who cares what my homepage is, I use google because it's the best search engine (right now). The day it's no longer the best search engine, IMO, I'll stop using it.
Hopefully they spend the money on developers, not lawyers.
Re:Attitude (Score:2)
Re:Attitude (Score:2)
Re:Attitude (Score:2, Interesting)
Google may be much different, but I'd say secrecy has worked out pretty well for Apple.
Re:Attitude (Score:2)
Netscape was the front-runner, but who did they really have to surpass when they started? They were esentially the first browser. Once MS came along, they were fair-game. The same as with IE now being fair game for Mozilla et al. So they have to play catch-up.
Google on the other hand had plenty of competition in the search engine field. Still does, but they were so
In an ideal world... (Score:4, Insightful)
Google uses its money to start buying up real life billboards and dismantling them, thus improving real life too. this turns out to be one of the greatest moves in marketing history and Google continues to prosper.
Biggest Ad-Platform (Score:5, Interesting)
Distributed google (Score:4, Interesting)
Only vaguely relatedly, it seems that utilization of their distributed computing expertise and power (as per previous slashdot discussions) is an immediate area they can capitalize on. I wonder what a google-backbone based MMORG (with _ultimate bandwidth power_) would be like?
Re:Distributed google (Score:2)
kinda like real life.... on the internet!?
perhaps they could rent out some bandwidth to Valve for a while to cover the launch of Half Life 2. Valve's Steam is supposed to be able to do this but is so amazingly shit it couldn't even handle the launch of a Counter-Strike: Source beta with a single map to a tiny fraction of players.
Rich and powerful, yet good (Score:4, Insightful)
How about that?
Re:Rich and powerful, yet good (Score:2)
Why not just ask Google? (Score:5, Interesting)
Wired 12.03: The Complete Guide to Googlemania! [wired.com]
... The Complete Guide to Googlemania! (continued). 4 Scenarios for the Future of Google
Sometimes a liquidity event changes everything. By Tom McNichol. ...
GooOS, the Google Operating System (kottke.org) [kottke.org]
GooOS, the Google Operating System. He argues that Google is building a huge computer with a custom operating system that everyone on earth can have an account on. His last few paragraphs are so much more perceptive than anything that's been written about Google
Personalized Results: Exploring The Future Of Google ... Personalized Results: Exploring The Future Of Google. [webmasterworld.com] ...
msgraph Moderator view user profile joined-Nov 29, 2000 posts:1330 msg #:1, 7:29 pm on Feb 12, 2002 (utc 0).
MacMinute: The future of Google and Web searching? [macminute.com] ...
www.macminute.com/2004/03/31/google - 29k -
* WWDC 2004: Discover how to put Mac OS X to work for you at WWDC! *. The future of Google and Web searching? March 31, 2004 - 07
Google's demise will go as follows: (Score:5, Interesting)
1. All founders and current top executives will cash out and leave within the first year. Right now they are dizzy with possibilities and future ideas for the company but that will quickly fade to watching the stock ticker, taking long lunches, shopping for real estate, and counting the days to when they can legally cash out and leave.
2. Within 8 months new executives will be hired to take over when the founders and top executives jump out.
3. The new executives are have long resumes, short contracts, short attention spans, big dumb ideas, insane salaries, and lots of stock options. They will announce "a bold new vision" several times and sell out the company for all it's worth.
4. After 3 years and various layoffs the second generation management cashes out and jumps ship.
5. The third generation management comes onboard with a round of layoffs and useless new hires and looks at what else can be sold off. They change the name of the company and start shopping around for buyers to sell the whole company too.
Eric Schmidt.... hmm, where have I heard that name (Score:4, Interesting)
sPh
Re:Eric Schmidt.... hmm, where have I heard that n (Score:5, Informative)
so technology doesn't scare these guys. In fact, they prefer it because machines are more predictable than people, as Schmidt learned when he tried to turn around Novell.
So I guess he did mention it. I would also guess that he assumes the above is all he needs to write for his target audience to understand the points you made.
Refinement, branching. (Score:5, Insightful)
After that they can branch out and play in the market. Gmail is one such venture and there are others that are worth a stab at such as the peoplefinder thing that I don't remember off the top of my head right now what it's called but it's been a pet project for a while now. Other things such as Froogle seem to be worthy of more development.
However key to all the fishing they might want to do they have to keep that main engine humming. Do no evil! Keep the respect of the geeks and lusers alike. Computers move fast and the internet moves even faster and once you slip it's very hard to go back.
Re:Refinement, branching. (Score:2)
The biggest thing they need to do is to take care of the false hits that you get that appear to be relevant. This would be difficult to do but i believe they can do it.
What is this "Google" you speak of? (Score:4, Funny)
What does google really do? (Score:5, Interesting)
How does google make its advertising independent of its search?
How do you broaden search to make it more useful?
What kinds of things are people searching for?
What's happening to their enterprise search business?
When businesses want information, how do they get it?
I'd expect them to buy doubleclick as their first acquisition.
Expansion (Score:2, Insightful)
Stem Cell? (Score:3, Interesting)
Wow, first use of stem cell as a metaphor.
What I'd like to see... (Score:2, Insightful)
Goal: marketing information (Score:4, Insightful)
Information about consumer habits and desires drives product development. Knowledge is power, and many companies are driven by marketing initiatives. In other words, marketers determine the need and direct product development.
Credit cards provide a useful way to track consumers and build files on their habits. Other electronic cards (club card memberships, air miles, etc.) provide similar ways to gather consumer information. The companies that gather this information then sell it out to other marketing firms.
It's safe to say that Google is an internet search used by everyone. This means they have some of the most valuable information for a consumer world. They could easily make billions packaging this data properly and selling it to marketing firms.
Re:Goal: marketing information (Score:3, Insightful)
Following up to my own post... what's interesting about this business direction, should Google decide to go that route, is that they won't have to litter their search engine with ads. They could keep it running exactly as it currently is, with the efficiency and
They'll need more than search (Score:3, Insightful)
Re:They'll need more than search (Score:2)
The sad truth: Google is getting worse (Score:5, Insightful)
Fast forward 5 years. So many SEO types are now infiltrating Google's results that they are not nearly as relevant as they once were-- remember when Google was sued for downgrading linkfarm results, and they backed down? Anyone use the "Feeling luck?" button anymore? It's nice you can see 100 results per page, but I usually end up doing 2 or 3 queries to get the proper result these days. I still use Google, but Teoma (Ask.com, I believe) seems to work equally as well, and if Google doesn't improve their search results, they will have a long, slow decline.
Their other innovations are nice (Froogle, Google News, GMail), but they are really just sidelights to their core competency-- finding relevant webpages. I'm hoping they figure out how to do it.
My guess... (Score:5, Funny)
Adam Bosworth (Score:2)
The overarching answer to the question "what does Google want to be when it grows up" is a provider of information services through the web. That means at least two different things, stuff like the search engine and Gmail that will be aimed at individuals, delivered through a browser and funded through adverts but probably a bigger deal is the provision of Web Services through APIs to businesses funded by micropayme
What language is Cringely using? (Score:2)
Is there anyone who can parse this?
"chosen to be of the body"?
Is that even English?
Google? Are we missing content? (Score:2)
Anyways, I'm a heavy user of Google. But recently when unable to find a link or two I've reverted to the Yahoo search engine at search.yahoo.com. The interesting thing was I found what I was looking for without the same amount of false c
ad words / ad sense will drive their revenue (Score:2)
They will also expand into graphic ads as they are much more effective than text ads.
online ads are the future.
Reintermediation (Score:4, Insightful)
And isn't it great how the most successful web businesses, like Yahoo, Amazon, eBay, and Google, are all busy making money through "intermediation", acting as the middleman who points buyers to sellers, and making money by selling ad space and transaction fees?
I love it when a plan comes together
Google should take on eBay (Score:2)
Something to think about for them, I hope.
Interesting article regarding Google. (Score:2)
Re:Microsoft buyout (Score:2, Interesting)
Re:Microsoft buyout (Score:5, Informative)
You have no idea how the stock market works do you? The Google founders have a class of stock that gives them more voting rights than anyone else so unless THEY want to sell out, it'd be impossible for Microsoft to strong-arm them into selling.
Arf ! (Score:3, Funny)
Now THAT would be a successful IPO.
Re:Microsoft buyout (Score:3, Interesting)
Mod up the AC (Score:3, Insightful)
Another aspect of Microsoft: they team up with a company to dev
Re:Microsoft buyout (Score:5, Insightful)
Here's the trend I see of lots of Kleiner [kpcb.com] companies like Sun, Compaq, AOL, Netscape, Electronic Arts, and yes, Google.
The begin with lots of top-talent in lots of areas - academic, practical, financial, etc. Eventually they do very well (Sun, Netsape and AOL come to mind as the examples most familiar to /.); and some of the bright peole move on - some to start their own things, some to retire, or get promoted to management. Whatever the reason, most (notable exceptions, electroninc arts, genentech) fade after a while; IMHO because the best people moved on.
Then KPCB'll invest in those best people's next venture that will once again take on Microsoft in the next hot area of High Tech.
IMHO it never was Netscape vs MSFT, or Sun vs MSFT or AOL vs MSFT -- it's always been KPCB vs MSFT; with Sun, NSCP, AOL, Google just minor divisions of KPCB's virtual company bound together by a common culture of great innovation.
Re:Microsoft buyout, not likely (Score:3, Insightful)
Re:Microsoft buyout, not likely (Score:2)
Microsoft spent 2 billion on the settlement with sun. No one was concerned, why? With QUARTERLY profits of 10 BILLION dollars, MSFT can buy most anything it wants. They also have tremendous cash reserves.
If microsoft wants google, there is a good chance that they can get it.
Re:Microsoft buyout, not likely (Score:2)
Re:Microsoft buyout (Score:4, Informative)
Re:Microsoft buyout (Score:5, Funny)
habit?
Re:Microsoft buyout (Score:2)
Re:Microsoft buyout (Score:3, Interesting)
Re:$1.66 Billion Comeuppance? (Score:2)
Maybe she has a point. That last part I mean?
Re:"now that it's flush with cash" (Score:2)
Re:"now that it's flush with cash" (Score:2)
Whatever happens to the stock in the future does not affect this. Future stock price affects things related to money in the future, but all the money raised in the IPO is cash in the bank, so to speak.
Re:Sick of it (Score:2)
Do we really need _another_ story about Google so that we can rehash what has already been discussed in the other stories?
This story isn't a dup per se, but it has just as much charisma as one.
Re:Sick of it (Score:5, Insightful)
Imagine if your car was as good at being a car as google is at being a search engine. Imagine if the tv channels and radio stations you watched had a similar advertising policy to googles.
Google is fascinating because it proves you can get ahead without underhanded business tactics, coercion and lies. You can just make a product that is better than everyone elses, quality wise, and that's enough.
Re:Sick of it (Score:4, Insightful)
Well, at least as far as we know about.
There's been enough shills and shysters along the way (Sunbeam and the exec who was known as either the axe-man or the fixxer-upper dude) that it's best to wait and see for a few years before annointing them saints. Wal*Mart used to have a good corporate image as well, but I refuse to buy from them unless they're the *only* place where I can get product X. (Happened once last year.)
So far, Google looks clean... if they still are clean 5 or 10 years from now, I'll agree that they are truly a company to be admired.
Re:i hope (Score:3, Insightful)
Re:i hope (Score:2, Interesting)
I'm not saying that Google is going to pull a Yahoo! but if there's anything I've learned in life is that history repeats itself.
Re:i hope (Score:2, Insightful)
As the shareholders get more and more say, they'll try to make it as simple as "more ads == more money". That's the road Yahoo went down, well that and the silly "internet portal" thing.
You're right. It is pretty hard to make a profit with no customers. That's when you haul out the lawyers like Netscape, Sun or SCO.
They all turned to litigation as a source of revenue, whether they sued MS or linux users is pretty much irrelevant.
I'd like to see Goog
Re:Google news? (Score:2)
CB
What??? (Score:2)
If you people devoted to Google-worship out there would take your heads out of your collective asses, you'd see exactly what he's talking about. We're only now getting over one disastrous dotcom bubble, and now Google could very well be initiating another one. Just HOW are they going to make enough money to justify their IPO? Advertising? They can't do it through their current ad market. They've sold investors on the promise of profit
Re:Total Information Awareness (Score:2)
CC.