What is so right about Google??
What is it that makes people love Google so blindly. Why do people lose objectivity when Google or even Apple is in the picture.
Apple and Google are great companies with a lot of innovation and marketing and most importantly some great products. But that doesn't make them invincible. Are they?
Though Google is churning out a number of unsuccessful products like a factory that are supposed to change the world, no one mentioned the lack of integration of all these features and lack of a common thread that connects these dots, every one gives it to Google and assumes that Google knows something that other mortals doesn't even comprehend and would surprise every one, until the CEO himself came out and said they are going in a wrong direction and mentioned the need to have features, not the products.
Until yesterday, when google bought You Tube, for a crazy 1.65 billion dollars. No one in the world said or though, that a company with 67 employees and no business model to generate revenues is worth even a fraction of that. Now once this unthinkable happened, people assume google knows what it is doing and even comment that news corp got myspace for a paltry 600mil??
What did you Google see in YouTube that is worth 1.65 billion dollars. Definitely not the technology, since they have their own video site, which is pretty good, if not great. Users? I don't know. I don't know what it is.. Nobody does, every one speculates what can be the reason.
Many are trying to guess something that would make sense out of this deal. I don't see anything that is worth 1.65 bil, unless it starts generating revenue 'yesterday' . I don't even want to go into the copyrights issue. Is it just because they have money that is lying there unused, they just fell like spending so much? In good intentions for the share holders, I wish they really have something up their sleeve, that works like magic.
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