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Google Formula For Adding New Products
gpmac writes "Google executives attempted to demystify the search company's product decisions during presentations with Wall Street analysts on Wednesday.
As Google Inc. has moved beyond Web search and into product areas as diverse as e-mail, photo-organizing software and mapping tools, one of the common questions for the company is how it decides where to devote resources.
Looks like they are being a little more serious about it than their pigeon story would indicate."
It's Picassa.
http://www.google.com/downloads/
It's called Picasa. It's a Windows-based program, though. Version 1 was very pretty but a bit slow on my comp. Haven't checked out v2 yet.
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An overrated .dot-com is once again ruling the roost. So let's see, given that it took, on average about, say, four and a half years for the other dot coms to collapse after their IPO, that puts google on course for bankruptcy in about 2007?
There are so many differences between Google and 99% of the dot coms that IPO'd, I'm not even sure where to start.
1. Google was already profitable before the IPO - they've been profitable since 2001, in fact.
2. Google did not give away control of their company to investors - public investors only hold 10% of the company, and the founders still fully control it.
3. Even if their share price collapses (it's most likely overvalued, but I'm not sure by how much), there's no reason the company has to collapse. A surprising number of "failed" dot-coms are still around and doing okay, even with tiny share prices. Google is in a much better situation than almost all of them were, in terms of long-term profitability and a sustainable business plan.