Wednesday, July 21, 2004
Silicon Valley - Dan Gillmor's eJournal - Google and Trust:
"As Google nears the day when it sells stock to the public, a fundamental question arises: How can the company possibly justify the rich price it hopes to get in the marketplace?
However brilliant Google's technology may be -- and it's both innovative and path-breaking in many ways -- the online search and advertising company doesn't have a monopoly. And it faces plenty of competition from small and large businesses that have their own share of smart people.
There's only one way the fast-growing search and media powerhouse can pull this off, and a single word sums it up: trust."
"As Google nears the day when it sells stock to the public, a fundamental question arises: How can the company possibly justify the rich price it hopes to get in the marketplace?
However brilliant Google's technology may be -- and it's both innovative and path-breaking in many ways -- the online search and advertising company doesn't have a monopoly. And it faces plenty of competition from small and large businesses that have their own share of smart people.
There's only one way the fast-growing search and media powerhouse can pull this off, and a single word sums it up: trust."
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