Buy one startup per month
For almost the entire current year, Google kept himself on a food ration and refrained from shopping. But the crisis is slowly moving away, and the recent purchases of On2 Technologies in August ($ 106.5 million) and reCAPTCHA last week show that the dietary abstinence period has come to an end. The company is again on the hunt, and it’s very big appetite. Google CEO Eric Schmidt said yesterday in an interview with Reuters that they are going to buy one startup each month.
In previous years, Google rather actively shopping, although the number of purchases and less than that of other Internet giants eBay and Amazon. Here is a clickable card of all purchases in the company's history with a breakdown by thematic areas (legend is attached).
“Now it’s obvious that the worst is over,” said Schmidt. “We are seeing clear improvements at Google, not only in the US, but also abroad.”
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The company is unlikely to maintain a growth rate of 40% per year, because with revenues of $ 21.8 billion it has already grown to such a size that there is simply no place to grow quickly. However, yesterday, Google shares broke through the $ 500 barrier and set a new annual record. As it is written on the chart, in the period from November 21, 2008 to September 23, 2009, shares rose by 92.18%. A good capital increase for those who decided to invest in the crisis.
By the way, now Eric Schmidt is going to the G20 summit in Pittsburgh, where he will address the presidents of the largest countries in the world. If we compare the turnover of Google with the annual GDP of different countries, then Google with $ 21.8 billion would be located on the 89th place in the world, between Cyprus and Estonia. As we see, it will take a long time to catch up with the G20 countries, but the Internet giant is striving for that. Still, Cyprus and Estonia are not invited to the G20 summit, but Eric Schmidt is already there.
In previous years, Google rather actively shopping, although the number of purchases and less than that of other Internet giants eBay and Amazon. Here is a clickable card of all purchases in the company's history with a breakdown by thematic areas (legend is attached).
“Now it’s obvious that the worst is over,” said Schmidt. “We are seeing clear improvements at Google, not only in the US, but also abroad.”
')
The company is unlikely to maintain a growth rate of 40% per year, because with revenues of $ 21.8 billion it has already grown to such a size that there is simply no place to grow quickly. However, yesterday, Google shares broke through the $ 500 barrier and set a new annual record. As it is written on the chart, in the period from November 21, 2008 to September 23, 2009, shares rose by 92.18%. A good capital increase for those who decided to invest in the crisis.
By the way, now Eric Schmidt is going to the G20 summit in Pittsburgh, where he will address the presidents of the largest countries in the world. If we compare the turnover of Google with the annual GDP of different countries, then Google with $ 21.8 billion would be located on the 89th place in the world, between Cyprus and Estonia. As we see, it will take a long time to catch up with the G20 countries, but the Internet giant is striving for that. Still, Cyprus and Estonia are not invited to the G20 summit, but Eric Schmidt is already there.
Source: https://habr.com/ru/post/70510/
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