One other thing about software… We OWN google play store. We even have ads in there. Double dipping on play store. We dip again on the network on admob from other dev’s properties. We triple dip the ecosystem, excluding hardware.
Here are my notes that I took from internet about Google:
Google dominates search, video streaming, email, and they have solid cloud applications plus a nice share of the smart phone market.
They have the highest quality applications for mobile also. They have nest, youtube, waze, waymo, Google Earth/maps, Google Flights.
company that has positioned itself as a leader in marketplaces that will be dominated by AI.
Google maps is at the center of the autonomous driving movement and their streaming tv and music subscription services are quietly entering the market with pretty good customer satisfaction.
No one is going to challenge their ads business so really it’s very much like apple in that it has a very strong moat/cash position plus the ability to grow revenue by entering the highly lucrative services side of the business. When they do this it feeds into their core business because they are growing their user base and gathering more information on consumers than anyone else in the market.
That is why their ad business is so dominant.
Bottom line is that this company is a threat to enter any space and take a good share of the market.
I <3 photos. i will work on converting old family photos one day, i think.
Too good to not use. search is one thing, i also like their throwbacks on important days. beautiful beautiful product.
They are all monetized the same way (ads). It’s as if google hasn’t figured out another way to monetize anything. Every product is just another way to deliver ads. World wide ad spending is $600B. That’s not a huge market.
Google has tried to recruit me multiple times. There was a time when I would have considered it for the right role. After firing Demore, there’s no way I’d consider it, and they’ve contacted me since then.
You are giving the fb example, then going on to blame google for ads. seen it many times.
10% non-ads revenue is not nothing. I think you are pricing the market at today’s prices. Try all the google products, and figure out which ones you like. You will see the list is increasing. For every 10 product we have, 1 of them will be really good. And will make shit ton.
Which google products aren’t using ads for revenue? Nest was really promising then google bought it.
What would be the plan to monetize waymo? Is google going to operate a fleet of self-driving cars? Is google going to license the tech to car companies to be built into cars? Are they going to sell after market kits to convert cars?
So google will compete directly against Uber and Lyft? They both lose money at a crazy rate.
Google doesn’t know what to do after it acquires a company. Just look at Nest which loses $600M/yr on $700M revenue. The Motorola acquisition was terrible and failed within a year.
IP doesn’t matter. There’s only high demand for the service when it’s priced so cheap that the companies lose money on every ride. If it’s priced at a point that’d be profitable, then demand would crash.
You’re also talking a HUGE investment if google is going to own and maintain all the self-driving cars to compete against Uber. There’d also be the expense of where to park them during off-peak hours. It’s not someone’s personal car, so the car needs high enough utilization to be profitable. The difference in demand between peak and off-peak is huge. So either you have lots of idle cars during off-peak, or you don’t have capacity during peak which will turn off customers from using it.
Uber makes money because it’s drivers pay for the cars. And pay way more than they think. They basically drive for free. Once Uber has to buy cars their expenses will go up. Storage and maintenance costs will be huge