Linked by Thom Holwerda on Sat 18th May 2013 21:33 UTC
Google Why does Google get so much credit in the technology industry? Why, despite the company's many obvious failings, do many geeks and enthusiasts still hold a somewhat positive view on the all-knowing technology giant? A specific talk at Google I/O this week provides the answer.
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google is profitable
by unclefester on Mon 20th May 2013 08:29 UTC
unclefester
Member since:
2007-01-13

Google is one of the very few startups of the last decade to actually make a profit. That is one reason why people resepct it.

In contrast Facebook, Amazon, Twitter etc are basically sophisticated Ponzi schemes with no real prospect of being successful businesses.

Edited 2013-05-20 08:35 UTC

Reply Score: 2

RE: google is profitable
by Morgan on Tue 21st May 2013 14:37 in reply to "google is profitable"
Morgan Member since:
2005-06-29

Not that I'm a fan of Facebook, but if they aren't profitable where did they get the money to buy out so many startups?

As for Amazon, they seem to be focused more on growth than huge margins right now:

http://www.theverge.com/2013/4/25/4266416/amazon-q1-2013-earnings

Reply Parent Score: 2